Wednesday broker round-up UPDATE

23rd Apr 2014 09:04

AB Foods: Numis upgrades from sell to reduce with a target price of 2240p.AstraZeneca: Citi raises target price from 3500p to 4900p and upgrades to buy.Fenner: Investec cuts target price from 375p to 360p and reiterates its sell recommendation.Genus: N+1 Singer upgrades to hold with a target price of 1000p.GlaxoSmithKline: Deutsche Bank increases target price from 1620p to 1750p and maintains a hold recommendation.Iofina: Numis places both its target price and its buy recommendation under review.Lloyds Banking Group: Nomura shifts target price from 81p to 89p and upgrades to buy.Mobile Tornado: Investec lowers target price from 32p to 25p and maintains a buy recommendation.Morrison: JP Morgan cuts target price from 175p to 150p and stays with its underweight rating.Petra Diamonds: Westhouse Securities shifts target price from 170p to 175p and retains its add rating.Rentokil Initial: Jefferies cuts target price from 141p to 129p and keeps a hold recommendation.Thomas Cook Group: Barclays raises target price from 100p to 230p upgrading to overweight.Wolseley: Credit Suisse upgrades to outperform with a target price of 4000p.4imprint: WH Ireland moves target price from 785p to 795p and maintains a buy recommendation.