Monday broker round-up UPDATE

1st Jul 2013 07:27

Ashmore Group: Canaccord Genuity lowers target price from 399p to 380p, while its buy recommendation remains unchanged.ASOS: Panmure Gordon increases target price from 4320p to 4555p and retains a buy recommendation.AVEVA Group: Sanlam Securities reduces target price from 2500p to 2325p leaving its hold recommendation unaltered.Betfair Group: Citi ups target price from 950p to 975p maintaining a buy recommendation.CSR: Jefferies raises target price from 308p to 629p and upgrades from hold to buy.Hays: Credit Suisse upgrades to outperform with a target price of 99p.InterContinental Hotels Group: Deutsche Bank upgrades to buy with a target price of 2250p.Intermediate Capital Group: Jefferies increases target price from 370p to 500p maintaining a buy recommendation.Petrofac: Deutsche Bank cuts target price from 1500p to 1450p, while leaving its hold recommendation unchanged.Premier Oil: Deutsche Bank reduces target price from 600p to 560p, while retaining a buy recommendation.Royal Bank of Scotland: Investec shifts target price frm 305p to 310p and upgrades from hold to buy.Sage Group: Espirito Santo ups target price from 355p to 400p and reiterates a buy recommendation.Salamander Energy: Deutsche Bank lowers target price from 230p to 220p staying with its buy recommendation.Standard Chartered: Exane cuts target price from 1600p to 1550p and reiterates a neutral rating.Tullow Oil: Nomura upgrades to neutral form reduce but cuts target to 1,250p from 1,400p. Whitbread: Deutsche Bank takes target price from 2920p to 3325p and keeps a buy recommendation.