Wednesday broker round-up

3rd Jun 2015 08:41

Tesco: JP Morgan retains underweight, lowers price target to 175p from 185p.Amec Foster Wheeler: JP Morgan maintains overweight and 905p target.Bellway: JP Morgan raises target to 2,575p from 1,150p and reiterates overweight.Barratt Developments: JP Morgan lifts target to 650p from 550p and overweight stance. Berkeley Group: JP Morgan raises target to 3,300p from 2,900p and keeps overweight recommendation. Crest Nicholson: JP Morgan increases target to 550p from 465p and keeps at neutral.Persimmon: JP Morgan improves target to 1,920p from 1,780p and stays at neutral.Redrow: JP Morgan lifts target to 450p from 390p and stays at neutral.Taylor Wimpey: JP Morgan improves target to 205p from 165p and reiterates overweight. Amec Foster Wheeler: JP Morgan lowers target to 991p from 1,039p and reiterates overweight. Barclays remains equalweight, UBS keeps at buy with 1,050p target.Anglo American: Citi reiterates sell recommendation.Melrose Industries: UBS upgrades to buy, raises target to 300p from 265p. Spectris: UBS lowers to sell and cuts target to 2,000p from 2,100p. Glencore: UBS reiterates buy and leaves target at 330p.Ultra Electronics: UBS stays at buy and raises target to 1,850p from 1,730p.KAZ Minerals: UBS keeps at neutral with 230p target.