Wednesday broker round-up - UPDATE

28th Mar 2012 08:24

Babcock: UBS ups target from 800p to 880p, reiterates buy rating.Compass Group: Nomura keeps buy rating and 800p target.GKN: Investec reiterates buy rating and 240p target.Hansteen: Jefferies reiterates hold recommendation and 80p target.Henderson: Investec upgrades from hold to buy.QinetiQ: UBS raises target from 145p to 155p, neutral rating kept; Investec ups target from 130p to 150p, hold rating kept.PZ Cussons: Jefferies cuts target from 260p to 255p, underperform rating kept.SABMiller: Nomura reiterates neutral recommendation and 2,700p target.Shanks: Jefferies cuts target from 152p to 133p, buy rating kept.Signet: Investec lifts target from 3,500p to 3,605p, buy rating maintained.Smith & Nephew Investec downgrades from buy to hold, target cut from 663p to 660p.Thomas Cook: Investec upgrades from hold to buy.Topps Tiles: Investec raises target from 16p to 28p, sell rating kept.Wolseley: UBS increases target from 2,450p to 2,650p, buy rating maintained.