Friday broker round-up

8th Jun 2012 08:11

AVEVA: Merchant Securities maintains buy rating and 1,850p target.Berendsen: HSBC upgrades to overweight, target cut from 575p to 550p.BP: Credit Suisse maintains outperform recommendation and 540p target.BT Group: Nomura cuts target from 295p to 285p, buy rating unchanged.International Consolidated Airlines Group: Credit Suisse keeps outperform rating and 198p target; Investec upgrades from sell to hold, target lifted from 100p to 160p.Johnson Matthey: Credit Suisse raises target from 2,400p to 2,500p, neutral rating kept.Lamprell: Nomura reiterates reduce rating and 125p target; JP Morgan Cazenove downgrades to neutral, target cut from 266p to 156p.Max Petroleum: Merchant Securities keeps buy rating and 25p target.National Grid: Credit Suisse ups target from 700p to 730p, outperform rating unchanged.Petrofac: Nomura keeps buy rating and 1,870p target.Rolls-Royce: Jefferies keeps buy rating and 950p target.Tate & Lyle: Jefferies maintains hold rating and 690p target.Thomas Cook: AlphaValue upgrades from reduce to add, target lifted from 16.8p to 19.8p.Volex: Jefferies keeps buy recommendation and 360p target.Wolseley: Panmure Gordon upgrades to buy, target hiked from 1,500p to 2,500p.BC