Tuesday broker round-up - UPDATE

13th Nov 2012 07:11

Aveva Group: UBS raises target price from 1740p to 1810p and downgrades from neutral to sell.Balfour Beatty: Berenberg downgrades from buy to hold.Bovis Homes Group: Deutsche Bank raises target price from 578p to 599p and maintains buy rating.BTG: Deutsche Bank raises target price from 394p to 420p and maintains its buy recommendation.Cape: UBS reduces target price from 320p to 265p and reiterates buy recommendation.Cobham: Deutsche Bank reduces target price from 215p to 200p, hold rating kept. Socgen reduces the target price from 205p to 190p and upgrades from sell to buy. Credit Suisse reduces target price from 195p to 170p and reiterates underperform recommendation. UBS reduces target price from 260p to 240p and reiterates buy rating.Dairy Crest: UBS raises target price from 335p to 360p. Neutral rating unchanged.Derwent London: Deutsche Bank changes target price from 2650p to 2690p keeping the buy recommendation.Dixons Retail: Deutsche Bank raises target price from 22p to 28p. Buy rating unchanged.ENRC: Nomura reduces target price from 375p to 275p. Reduce recommendation unchanged.ITV: Credit Suisse raises target price from 100p to 110p and maintains outperform recommendation.Persimmon: Panmure Gordon raises target price from 696p to 700p and reiterates hold recommendation.Sound Oil: Westhouse Securities initiates with a target price of 3.2p and recommends buy.Taylor Wimpey: Deutsche Bank reduces the target price from 67p to 66.8p. Buy raiting kept.Tullet Prebon: UBS lowers target price from 290p to 244p. Neutral rating kept.Vectura: Canaccord raises target price from 114p to 120p, buy raiting unchanged.Workspace Group: Panmure reduces target price from 300p to 325p and reiterates buy recommendation.