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Tuesday broker round-up - UPDATE

Date: Tuesday 29 May 2012

Tuesday broker round-up - UPDATE

Brewin Dolphin: Peel Hunt maintains buy rating and 185p target.

BTG: finnCap raises target from 326p to 331p, hold rating maintained.

Euromoney Institutional Investor: Peel Hunt upgrades from hold to buy, target left at 800p.

Greggs: Canaccord Genuity upgrades from hold to buy, target left at 520p.

Hargreaves Services: Jefferies cuts target from 1495p to 1,085p, buy rating unchanged.

Dairy Crest: Jefferies raises target from 340p to 350p, buy rating unchanged.

Johnson Matthey: Credit Suisse gives a short-term trading call of buy, but maintains its neutral rating, target lifted from 2,350p to 2,400p.

Majestic Wine: Canaccord Genuity upgrades from hold to buy, target left at 505p.

Old Mutual: UBS cuts target from 215p to 200p, buy recommendation maintained.

Optos: Canaccord Genuity cuts target from 333p to 306p, buy rating kept.

Rangdold Resources: Nomura reiterates reduce rating and 6,970p target.

Renold: finnCap cuts target from 55p to 50p, buy rating unchanged.

Rexam: Credit Suisse reiterates outperform rating and 485p target.

Volex: Jefferies maintains buy recommendation and 360p target.


BC

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