Monday broker round-up - UPDATE

27th Feb 2012 09:44

BP: Nomura maintains neutral rating and 500p target.HSBC: Seymour Pierce confirms buy rating and 800p target.Vedanta Resources: Credit Suisse reiterates neutral recommendation and 1,400p target.Marks & Spencer: UBS upgrades from neutral to buy, target lifted from 325p to 410p.Lloyds Banking Group: Nomura maintains reduce rating and 35p target.Pearson: Nomura maintains reduce rating and 1,200p target.British American Tobacco: UBS hikes target from 3,185p to 3,350p, buy rating kept; Nomura raises target from 3,320p to 3,360p, buy rating kept.Smiths Group: Credit Suisse reiterates outperform rating and 1,200p target.Berendsen: Credit Suisse upgrades from neutral to outperform, target lifted from 450p to 620p; UBS raises target from 500p to 545p, buy rating unchanged. Genel Energy: Credit Suisse ups target from 1,093p to 1,111p, outperform rating unchanged.Hiscox: Nomura keeps reduce rating and 408p target.William Hill: Credit Suisse raises target from 227p to 236p, neutral rating kept.Rightmove: UBS lifted target from 1,375p to 1,450p, neutral rating unchanged.Max Petroleum: Merchant Securities keeps buy rating and 25.2p target.