Monday broker round-up UPDATE

22nd Sep 2014 11:28

Avation: WH Ireland shifts target price from 200p to 206p and maintains a buy recommendationBAE Systems: UBS raises target price from 460p to 505p and reiterates a buy recommendation.Centrica: Goldman Sachs ups target price from 385p to 396p leaving its buy recommendation unchanged.Chariot Oil & Gas: Westhouse Securities lowers target price from 17p to 13p retaining its sell recommendation.China Chain Tek: Daniel Stewart reduces target price from 300p to 80p, while leaving its hold recommendation unchanged.Daily Mail and General Trust: Westhouse Securities reduces target price from 960p to 883p and reiterates an add rating. Investec reduces target price from 1068p to 996p staying with its buy recommendation.Dairy Crest: JP Morgan cuts target price from 530p to 480p and reiterates an overweight rating. Numis reduces target price from 476p to 411p maintaining a hold recommendation.Drax Group: Goldman Sachs ups target price from 1049p to 1064p keeping a strong buy recommendation.EnQuest: JP Morgan lowers target price from 188p to 170p and stays with an overweight rating.GlaxoSmithKline: Goldman Sachs cuts target price from 1700p to 1670p, while upgrading to buy.GVC Holdings: Daniel Stewart shifts target price from 505p to 510p and keeps a buy recommendation.IQE: N+1 Singer lowers target price from 28p to 25p and stays with its buy recommendation.National Grid: Goldman Sachs shifts target price from 780p to 786p, but still recommends selling.Pennon Group: Goldman Sachs lowers target price from 743p to 740p, downgrading to sell.Petrofac: Barclays upgrades to overweight with a target price of 1500p.Sainsbury: Exane lowers target price from 295p to 280p and retains a neutral rating.Shanks Group: Credit Suisse cuts target price from 115p to 105p downgrading to neutral. Goldman Sachs moves target price from 123p to 128p and maintains a buy recommendation.Sprue Aegis: Westhouse Securities raises target price from 300p to 400p and maintains a buy recommendation.SSE: UBS increases target price from 1620p to 1740p and maintains a buy recommendation. Goldman Sachs cuts target price from 1472p to 1460p keeping a sell recommendation.Tesco: Shore Capital places its hold recommendation under review. Cantor Fitzgerald places its buy recommendation under review.Thomas Cook: Berenberg lowers target price from 170p to 165p retaining its buy recommendation.Tungsten: Canaccord Genuity increases target price from 330p to 405p keeping its buy recommendation.