Wednesday broker round-up - UPDATE

9th Nov 2011 09:58

Admiral: Nomura puts buy rating and 1,900p target under reviewAdmiral: Investec keeps sell rating and 843p target.HSBC: Evolutions Securities keeps sell rating and 650p target.British American Tobacco: Alpha Value downgrades to reduce from add.Regus: Credit Suisse upgrades from neutral to outperform, target raised from 80p to 100p.Kesa Electricals: Panmure Gordon downgrades from hold to sell, 80p target unchanged.Kesa Electricals: Singer Capital Markets puts fair value rating and 95p target under review.Kesa Electricals: Investec puts hold rating and 125p target under review.Smith & Nephew: Panmure Gordon cuts target from 750p to 640p, buy rating kept.Vodafone: Nomura increases target from 215p to 220p, neutral rating kept.Lloyds Banking Group: UBS cuts target from 61p to 60p, buy rating unchanged.Lloyds Banking Group: Nomura maintains neutral rating and 40p target.Intercontinental Hotels: Credit Suisse ups target from 1,139p to 1,182p, neutral rating retained.Marks & Spencer: Nomura reduces target from 460p to 435p, buy stance maintained.SSE: Investec maintains hold recommendation and 1,311p target.Tate & Lyle: Investec maintains sell rating and 610p target.Prudential: Credit Suisse reiterates outperform recommendation and 888p target.Resolution: Investec keeps buy rating and 604p target.Sainsbury: Evolution Securities maintains reduce rating and 270p target.Associated British Foods: Nomura reiterates buy recommendation and 1,250p target.Associated British Foods: Credit Suisse increases target to 1,200p from 1,180p, outperform recommendation kept.Randgold Resources: Investec reiterates hold rating and 7,389p target.Carphone Warehouse: UBS cuts target from 450p to 400p, buy rating unchanged.Cobham: Investec keeps hold and 185p target.Tullow Oil: Evolution Securities keeps buy recommendation and 1,550p target.Tullow Oil: Investec keeps buy recommendation and 1,845p target.Great Portland Estates: Evolution Securities keeps buy rating and 445p target.Phoenix: UBS cuts target from 520p to 495p, neutral rating unchanged.Playtech: Evolution Securities keeps buy rating and 550p target.Playtech: Investec reiterates buy and 460p target.Ryanair: Credit Suisse raises target from €3.95 to €4.40, maintains outperform rating.Cape: Evolution Securities downgrades from buy to add, target cut from 600p to 550p.Cape: Investec puts 625p target under review, buy kept.Rockhopper: Evolution Securities increases target from 400p to 450p, buy rating kept. Fenner: Investec raises target from 330p to 340p, hold kept.FirstGroup: Investec maintains buy and 380p target.ASOS: Investec maintains hold and 1,605p target.Anite: Panmure Gordon raises target from 77p to 83p, buy rating unchanged.Safestore: Evolution Securities reiterates buy rating and 125p target.Vislink: Evolution Securities keeps buy rating and 30p target.BC