Tuesday broker round-up UPDATE

3rd Jun 2014 08:31

Anglo American: Goldman Sachs reduces target price from 1240p to 1180p and keeps its sell recommendation.Balfour Beatty: UBS shifts target price from 225p to 230p maintaining its neutral rating.Barr (AG): N+1 Singer moves target price from 667p to 678p retaining its hold recommendation.Beazley: Berenberg shifts target price from 271p to 278p and upgrades from hold to buy.Betfair: Numis reduces target price from 1300p to 1150p and keeps an add rating.BHP Billiton: Goldman Sachs cuts target price from 1850p to 1820p and maintains a neutral rating.B.P. Marsh & Partners: Panmure Gordon moves target price from 155p to 162p and retains a buy recommendation.De La Rue: Numis downgrades from add to hold with a target price of 845p.Fenner: UBS reduces target price from 480p to 420p, while its buy recommendation is kept. Espirito Santo cuts target price from 400p to 337p retaining its neutral rating.Foxtons: Credit Suisse shifts target price from 429.87p to 430p and retains an outperform rating.Glencore Xstrata: Goldman Sachs lowers target price from 310p to 295p and reiterates a neutral rating.Halma: UBS ups target price from 600p to 620p maintaining a neutral rating.Intertek Group: Jefferies reduces target price from 3650p to 3465p, while staying with its buy recommendation.Rio Tinto: Goldman Sachs cuts target price from 2550p to 2530p leaving its strong buy recommendation unchanged.Royal Bank of Scotland: Barclays ups target price from 300p to 320p maintaining an equal-weight rating.Scapa: Numis moves target price from 132p to 145p, while downgrading from add to hold.Schroders: Espirito Santo initiates with a target price of 2991p and a buy recommendation.Shire Pharmaceuticals: UBS raises target price from 3150p to 3450p and keeps a neutral rating.Wilmington Group: Westhouse Securities upgrades from neutral to add with a target price of 218p.