Wednesday broker round-up UPDATE

Anite: Northland Capital reduces target price from 160p to 120p, while staying with its buy recommendation. Panmure Gordon cuts target price from 177p to 142p and keeps a buy recommendation. Jefferies takes target price from 160p to 110p, while leaving its buy recommendation unchanged. Canaccord Genuity reduces target price from 180p to 106p downgrading to hold. FinnCap revises target price from 180p to 100p and maintains a buy recommendation.Bellway: Deutsche Bank moves target price from 1581p to 1592p and keeps a hold recommendation. Panmure Gordon raises target price from 1396p to 1466p maintaining its buy recommendation.BT Group: Goldman Sachs takes target price from 400p to 490p upgrading to strong buy.Burberry Group: Cantor Fitzgerald lowers target price from 1515p to 1500p and stays with its hold recommendation.Cable & Wireless Communications: Goldman Sachs shifts target price from 45p to 50p and maintains its neutral rating.Gooch & Housego: N+1 Singer raises target price from 515p to 630p upgrading to buy.Hargreaves Lansdown: Jefferies ups target price from 1050p to 1150p retaining a buy recommendation.Kentz Corporation: HSBC upgrades to overweight with a target price of 615p.Pearson: Societe Generale upgrades to hold with a target price of 1290p.Petropavlovsk: Nomura takes target price from 55p to 70p, while staying with its reduce rating.Randgold Resources: Nomura raises target price from 4370p to 4600p keeping a neutral rating.Rio Tinto: Citi increases target price from 3800p to 3900p and maintains its buy recommendation.SDL: Citi reduces target price from 415p to 320p, while leaving its buy recommendation unchanged. Panmure Gordon lowers target price from 276p to 270p retaining a hold recommendation. Canaccord Genuity cuts target price from 308p to 266p and stays with its hold recommendation.Serco Group: HSBC upgrades to overweight with a target price of 635p.Shanks Group: Jefferies ups target price from 84p to 100p and retains a hold recommendation. Credit Suisse shifts target price from 105p to 110p leaving its outperform rating unaltered.Smiths Group: HSBC raises target price from 1400p to 1500p and reiterates its neutral rating.Smiths News: Liberum Capital moves target price from 203p to 220p keeping a buy recommendation.Talk Talk Telecom: Goldman Sachs ups target price from 290p to 310p staying with its buy recommendation.UBM: Deutsche Bank cuts target price from 800p to 750p and maintains a hold recommendation.Vertu Motors: Liberum Capital initiates with a target price of 69p and a buy recommendation. Burberry Pearson Gooch & Housego Rio Tinto Bellway Serco Vertu Smiths Group Ashoka India Equity Investment Trust Plc