Thursday broker round-up

10th May 2012 09:28

Abcam: Canaccord Genuity reiterates hold recommendation and 370p target.Aveva: UBS upgrades from sell to neutral, 1,600p target unchanged.BAE Systems: AlphaValue upgrades from add to buy, target raised from 342.7p to 343.4p.BT: Jefferies keeps buy recommendation and 268p target; Nomura reiterates buy raring and 295p target.Croda International: Credit Suisse initiates coverage with an underperform rating and 2,100p target.Derwent London: UBS raises target from 1,700p to 1,750p, neutral rating kept.Experian: Jefferies keeps hold rating and 1,080p target; Nomura keeps buy rating and 950p target.G4S: Credit Suisse upgrades from neutral to outperform, target lifted from 300p to 310p.InterContinental Hotels: UBS ups target from 1,100p to 1,130p, sell rating kept; Nomura ups target from 1,424p to 1,472p, neutral rating kept.Old Mutual: Nomura maintains neutral rating and 150p target.Pendragon: Jefferies maintains buy rating and 20p target.Sage Group: Merchant Securities upgrades from hold to buy, target of 300p unchanged; UBS upgrades from neutral to buy, target cut from 300p to 290p.SuperGroup: Merchant Securities maintains buy recommendation.Weir Group: Credit Suisse slashes target from 2,350p to 1,700p, outperform rating kept; UBS cuts target from 2,500p to 2,300p, buy rating unchanged.BC