Wednesday broker round-up UPDATE

4th Jun 2014 09:28

Advanced Computer Software: Panmure Gordon ups target price from 139p to 155p and stays with its buy recommendation.Avacta: Numis shifts target price from 1.9p to 2p and retains a buy recommendation.Balfour Beatty: Westhouse Securities reduces target price from 302p to 220p keeping its neutral rating.Barclays: Espirito Santo cuts target price from 356p to 325p, while its buy recommendation remains unchanged.Britvic: JP Morgan raises target price from 650p to 730p retaining its neutral rating.Cranswick: N+1 Singer ups target price from 1274p to 1291p and leaves its hold recommendation under review.Electrocomponents: Credit Suisse cuts target price from 275p to 260p and downgrades from neutral to underperform.Fenner: UBS cuts target price from 480p to 420p and reiterates its buy recommendation.IMI: Investec moves target price from 1630p to 1640p, while downgrading from buy to hold.Morrison (WM): Deutsche Bank downgrades to sell with a target price of 190p.Poundland Group: JP Morgan lowers target price from 377.4p to 377.15p and upgrades to overweight.Proton Power Systems: Westhouse Securities initiates with a target price of 15p and a buy recommendation.Reed Elsevier: Nomura raises target price from 975p to 1050p and maintains a buy recommendation.RPC Group: Panmure Gordon ups target price from 728p to 787p and keeps a buy recommendation.Staffline: Sanlam Securities initiates with a target price of 1150p and a buy recommendation.