Tuesday broker round-up UPDATE

10th Jun 2014 09:45

ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy.Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add.BAE Systems: Investec downgrades from add to hold with a target price of 430p.BG Group: Exane downgrades to neutral with its target price at 1350p.Booker Group: Goldman Sachs lowers target price from 214p to 200p downgrading from strong buy to buy.Cobham: Investec moves target price from 300p to 310p and maintains a reduce rating.easyJet: Liberum Capital cuts target price from 1700p to 1650p and reiterates a hold recommendation.Fenner: Jefferies reduces target price from 490p to 410p and maintains a buy recommendation.First Group: Deutsche Bank shifts target price from 125p to 130p and keeps a hold recommendation.First Quantum Minerals: JP Morgan increases target price from 1100p to 1470p upgrading to overweight.Fuller, Smith and Turner: Numis ups target price from 1050p to 1100p keeping an add rating.Getech: WH Ireland places both its target price (prev.: 92p) and its buy recommendation under review.GKN: Investec lowers target price from 435p to 420p and stays with its add rating.Go-Ahead Group: Deutsche Bank increases target price from 2100p to 2270p and retains a hold recommendation.Gooch & Housego: N+1 Singer moves target price from 695p to 710p upgrading to buy. FinnCap raises target price from 680p to 750p and upgrades from hold to buy. Investec cuts target price from 790p to 740p retaining a buy recommendation.Just Retirement: Espirito Santo cuts target price from 295p to 237p, while leaving its buy recommendation unchanged.Meggitt: Investec moves target price from 560p to 550p and retains its buy recommendation.Oxford Instruments: Investec places both its target price (prev.: 1500p) and its add recommendation under review.Phoenix IT: Numis cuts target price from 130p to 95p maintaining a hold recommendation. Investec lowers target price from 138p to 120p and reiterates its hold recommendation.QinetiQ: Investec downgrades from buy to add with a target price of 225p.Rolls-Royce Group: Investec raises target price from 1160p to 1225p and keeps a buy recommendation.Safestay: Westhouse Securities initiates with a target price of 78p and a buy recommendation.Sepura: Investec ups target price from 160p to 200p and maintains a buy recommendation.Shire Pharmaceuticals: Deutsche Bank raises target price from 3920p to 4350p and maintains a buy recommendation.Sports Direct: Goldman Sachs downgrades from strong buy to buy with a target price of 1100p.Ted Baker: Oriel Securities downgrades from buy to add with a target price of 2200p.Ultra Electronics: Investec raises target price from 1930p to 2100p upgrading from hold to buy.WANdisco: UBS cuts target price from 1535p to 1500p, while leaving its buy recommendation remains unchanged.