Tuesday broker round-up - UPDATE

6th Mar 2012 09:20

Serco: Credit Suisse lifts target price to 650p from 600p, remains at outperform.Capita: Credit Suisse revises target to 820p from 770p, retains outperform. Wolseley: UBS downgrades from buy to hold. Pace: Peel Hunt upgrades from hold to buy, raises target to 99p from 75p.International Power: Berenberg initiates at buy, with 390p price target. Amlin: Nomura keeps buy rating and 383p target.Ashtead: Jefferies raises target from 285p to 300p, buy rating reiterated; Panmure Gordon upgrades from hold to buy, raises target to 294p from 235p.Avanti Communications: Jefferies maintains buy rating and 1,340p target.BBA Aviation: Charles Stanley downgrades from buy to add, target left at 230p target.Betfair: Nomura reiterates buy recommendation and 1,070p target.British Land: Jefferies downgrades from buy to hold, target reduced from 555p to 504p.Capital Shopping Centres: Jefferies keeps hold rating and 324p target.Chariot Oil & Gas: Jefferies keeps buy rating and 355p target.Glencore: Jefferies cuts target from 575p to 525p, buy recommendation maintained; UBS cuts target from 490p to 480p, buy rating unchanged.Land Securities: Jefferies upgrades from hold to buy, target lifted from 726p to 782p.Meggitt: Jefferies maintains hold rating and 300p target.National Grid: Nomura keeps buy stance and 700p target.Petrofac: Nomura ups target from 1,770p to 1,870p, buy rating unchanged; UBS ups target from 1,530p to 1,650p, neutral rating unchanged.Polymetal: UBS downgrades from buy to neutral, target slashed from 1,400p to 1,100p.Prudential: Nomura reiterates reduce rating and 700p target.Senior: Jefferies ups target from 195p to 222p, buy rating kept.Tate & Lyle: Jefferies reiterates underperform recommendation and 600p target.Vodafone: Nomura maintains buy rating and 230p target.