Tuesday broker round-up UPDATE

12th Jun 2014 08:50

Afren: Oriel downgrades from buy to hold with a target price of 145p.Aggreko: RBC Capital downgrades to neutral with a target price of 1700p.Betfair Group: Morgan Stanley raises target price from 1150p to 1260p and keeps an overweight rating.BG Group: Nomura downgrades to neutral with a target price of 1350p.Britvic: Oriel raises target price from 750p to 830p maintaining its buy recommendation.Care Tech: WH Ireland ups target price from 280p to 330p retaining a buy recommendation. Canaccord Genuity moves target price from 275p to 304p and keeps a buy recommendation.Chemring Group: Citi cuts target price from 260p to 245p and reiterates a neutral rating.GKN: Espirito Santo initiates with a target price of 450p and a buy recommendation.Halma: Investec cuts target price from 700p to 685p maintaining its buy recommendation.Informa: Goldman Sachs lowers target price from 543p to 527p keeping a sell recommendation.Intermediate Capital Group: Oriel cuts target price from 515p to 480p, while leaving its buy recommendation unchanged.Johnson Matthey: Numis raises target price from 3470p to 3642p and upgrades from hyold to add.London Stock Exchange: Espirito Santo increases target price from 1991p to 2303p keeping a buy recommendation.Ocado Group: JP Morgan initiates with a target price of 500p and an overweight rating.Pearson: Goldman Sachs increases target price from 1080p to 1130p, while downgrading to sell.Plexus: Numis initiates with a target price of 364p and an add rating.Provident Financial: Citi raises target price from 1825p to 2530p upgrading to buy.PZ Cussons: Investec shifts target price from 376p to 378p and reiterates its hold recommendation. Numis lowers target price from 364p to 352p and maintains a hold recommendation.Redhall Group: FinnCap reinstates with a target price of 26p and a hold recommendation.Royal Bank of Scotland: Investec downgrades from hold to sell with a target price of 325p.RPC Group: Deutsche Bank ups target price from 670p to 705p maintaining a buy recommendation.Safestyle: N+1 Singer initiates with a target price of 250p and a buy recommendation.Tesco: Goldman Sachs cuts target price from 270p to 250p and reiterates a sell recommendation.Volex: FinnCap upgrades from hold to buy.1PM: WH Ireland moves target price from 71p to 88p and retains a neutral rating.