Tuesday broker round-up

14th Feb 2017 09:07

(ShareCast News) - Antofagasta: Bank of America Merill Lynch upgrades to Buy with a target price of 1050p.Reckitt Benckiser: Berenberg reiterates Buy with a target price of 8500p.British American Tobacco: Citigroup reiterates Buy with a target price of 5600p.Glencore: Deutsche Bank reiterates Hold with a target price of 315p.Rolls Royce: Jefferies maintains Buy with a target price of 900p.Rio Tinto: UBS reiterates Buy with a target price of 3750p.Melrose Industries: UBS reiterates Buy with a target price of 235p.Drax: JPMorgan upgrades to Overweight with a target price of 420p.Virgin Money: RBC intitiates coverage on Outperform with a target price of 415p.RWS Holdings: Numis reiterates Add with a target price of 375p.