Tuesday broker round-up UPDATE

13th Aug 2013 07:45

Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation.BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation.Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommendation.Catlin Group: Morgan Stanley lowers target price from 492p to 486p retaining an underweight rating. Westhouse Securities cuts target price from 590p to 575p, while its add recommendation remains unchanged.Cobham: Investec ups target price from 275p to 290p, but downgrades from hold to reduce.Ferrexpo: Morgan Stanley reduces target price from 320p to 220p, while maintaining an equal-weight rating.Glencore Xstrata: Exane cuts target price from 405p to 315p staying with its neutral rating.Grainger: JP Morgan raises target price from 170p to 205p upgrading to neutral.Hochschild Mining: UBS initiates with a target price of 210p and a neutral rating.International Consolidated Airlines Group: UBS ups target price from 310p to 365p keeping its buy recommendation.International Personal Finance: Citi increases target price from 540p to 700p, but downgrades from buy to neutral.Ladbrokers: UBS shifts target price from 200p to 195p leaving its neutral rating unaltered.Legal & General Group: Citi raises target price from 181p to 210p maintaining a neutral rating.Mears Group: Canaccord Genuity moves target price from 440p to 490p and stays with its buy recommendation. Investec ups target price from 400p to 440p keeping its buy recommendation.Old Mutual: Nomura downgrades from buy to neutral with an unchanged target price of 202p.Petra Diamonds: Citi moves target price from 152p to 164p and reiterates its buy recommendation.Prudential: Bank of America takes target price from 1300p to 1390p and stays with its buy recommendation.Sirius Minerals: Citi cuts target price from 80p to 60p, while leaving its buy recommendation unchanged.Smith & Nephew: Citi increases target price from 797p to 830p, while downgrading from buy to neutral. Investec reduces target price from 802p to 783p and reiterates a hold recommendation.Spirax-Sarco Engineering: Investec takes target price from 2800p to 3050p, while its hold recommendation remains unaltered.Sweett Group: WH Ireland moves target price from 40p to 50p and keeps a buy recommendation.Synthomer: Canaccord Genuity reduces target price from 253p to 248p, while staying with its buy recommendation.Tribal Group: WH Ireland cuts target price from 235p to 200p retaining its buy recommendation. Canaccord Genuity takes target price from 200p to 221p and retains a buy recommendation.TUI Travel: Deutsche Bank ups target price from 335p to 355p and reiterates a hold recommendation.Wood Group: Investec raises target price from 800p to 900p, while maintaining a hold recommendation.