Wednesday broker round-up UPDATE

8th May 2013 09:08

Altitude Group: WH Ireland initiates with a target price of 50p and a buy recommendation.Betfair Group: Deutsche Bank increases target price from 725p to 884p, while staying with its hold recommendation. Nomura raises target price from 766p to 883p and reiterates a neutral rating. Exane BNP ups target price from 840p to 930p and retains an outperform rating.BT Group: Morgan Stanley reduces target price from 300p to 285p leaving its equal-weight rating unchanged.Communisis: Panmure Gordon ups target price from 47p to 68p and upgrades from hold to buy.Crest Nicholson Holdings: HSBC Holdings downgrades to neutral with an unchanged target price of 360p.CSR: Numis takes target price from 475p to 625p and maintains its buy recommendation. FinnCap ups target price from 400p to 500p, but downgrades to hold.Galliford Try: Panmure Gordon increases target price from 800p to 830p, but still recommends selling. Numis raises target price from 865p to 930p and maintains a hold recommendation.Glencore: Citigroup cuts target price from 550p to 400p keeping a buy recommendation.G4S: Jefferies cuts target price from 340p to 310p and keeps a buy recommendation. JP Morgan reduces target price from 345p to 308p keeping its overweight rating. Exane BNP moves target price from 330p to 280p downgrading to neutral. Citigroup revises target price from 325p to 270p, while its neutral rating is reiterated. Goldman Sachs takes target price from 242p to 210p and reiterates a strong sell recommendation. Canaccord Genuity cuts target price from 325p to 300p, while retaining a buy recommendation. Numis reduces target price from 340p to 300p and leaves its add rating unchanged.Halfords Group: JP Morgan raises target price from 243p to 405p and upgrades to overweight.Hiscox: Canaccord Genuity increases target price from 480p to 600p, while its hold recommendation remains unaltered.HSBC Holdings: Morgan Stanley takes target price from 777p to 737p and reiterates an equal-weight rating. Deutsche Bank lowers target price from 760p to 750p maintaining its buy recommendation.IFG Group: N+1 Singer initiates with a target price of 130p and a buy recommendation.Imagination Technologies: UBS reduces target price from 450p to 260p and downgrades from neutral to sell.InterContinental Hotels Group: Numis downgrades to hold with its target price at 2100p.Land Securities: Investec ups target price from 825p to 885p retaining a hold recommendation.Marston's: Numis downgrades to add with a target price of 165p.Old Mutual: JP Morgan shifts target price from 209p to 215p and retains a neutral rating.Public Service Properties Investments: Westhouse Securities reinitiates with a target price of 40p and a buy recommendation.Randgold Resources: JP Morgan cuts target price from 7560p to 6250p, while its overweight rating remains unchanged.Rentokil Initial: Jefferies lowers target price from 113p to 104p maintaining a hold recommendation.Rightmove: Westhouse Securities ups target price from 1677p to 1793p, while staying with a neutral rating. Panmure Gordon raises target price from 2000p to 2300p and maintains its buy recommendation.Royal Bank of Scotland: Bank of America reduces target price from 380p to 310p and downgrades to neural.Sage Group: Investes places its target price (prev.: 265p) under review, while retaining its sell recommendation. Panmure Gordon shifts target price from 309p to 318p and keeps a hold recommendation.Sainsbury: Panmure Gordon downgrades from buy to hold with a target price of 400p.Standard Chartered: Numis upgrades to buy with its target price at 2057p.Synectics: FinnCap raises target price from 400p to 480p keeping its buy recommendation.Telecom plus: FinnCap increases target price from 900p to 1350p and upgrades to buy.WANdisco: Panmure Gordon ups target price from 1060p to 1083p and reiterates a buy recommendation.Wetherspoon (JD): Numis revises target price from 540p to 600p, while keeping a hold recommendation.Wolfson Microelectronics: N1 Singer moves target price from 240p to 222p, while leaving its buy recommendation unaltered.