UPDATE: Tuesday broker round-up

18th Oct 2011 09:21

BP: UBS raises target from 450p to 480p, keeps buy rating.Whitbread: Peel Hunt keeps buy stance and 2,096p target.Whitbread: Evolution Securities confirms buy recommendation and 1,750p target. F&C Asset Management: Singer Capital Markets cuts target from 70p to 65p, fair value rating kept.Bellway: Peel Hunt keeps hold rating and 575p target.Bellway: Evolution Securities keeps buy rating and 790p target.Lamprell: Investec puts hold rating and 393p target under review.Mothercare: Investec keeps hold recommendation and target of 184p.UBM: Singer Capital Markets places buy rating and 844p target under review.UBM: Investec maintains buy stance and 694p target.UBM: Peel Hunt keeps buy rating and 740p target.Faroe Petroleum: Evolution Securities says add and gives target of 210p.Volex: Peel Hunt initiates coverage with buy recommendation and 365p target.Bumi: Nomura keeps buy rating and 1,400p target.Phoenix Group: Investec reiterates hold rating and 562p target.XP Power: Charles Stanley confirms a buy recommendation and target of 1,150p.First Derivatives: Charles Stanley keeps buy rating and 600p target.Hill & Smith: Evolution Securities maintains buy recommendation and 400p target.ZincOx: Peel Hunt initiates coverage with buy recommendation and 134p target.