Wednesday broker round-up

30th May 2012 09:31

Aberdeen: UBS cuts target from 340p to 300p, buy rating unchanged.Ashmore: UBS cuts target from 420p to 380p, buy rating unchanged.AVEVA: Merchant Securities raises target from 1,800p to 1,850p, buy rating unchanged.Centrica: Nomura cuts target from 355p to 320p, neutral rating kept.Drax: Nomura cuts target from 495p to 475p, reduce rating maintained.FirstGroup: Jefferies maintains hold rating and 207p target.Hays: Credit Suisse retains outperform rating and 90p target.Henderson: UBS cuts target from 125p to 100p, neutral rating kept.London & Stamford: Jefferies keeps hold recommendation and 116p target.Premier Farnell: UBS cuts target from 180p to 155p, sell recommendation unchanged.Schroders: UBS cuts target from 1,520p to 1,300p, neutral rating kept.Smiths Group: Jefferies maintains buy recommendation and 1,600p target.SSE: Nomura cuts target from 1,415p to 1,270p, reduce rating unchanged.Tullow Oil: Credit Suisse reiterates outperform rating and 1,841p target.Wolseley: UBS cuts target from 2,650p to 2,500p, buy rating unchanged.BC