Thursday broker round-up
LONDON (ShareCast) - AstraZeneca (NYSE: AZN - news) : Societe Generale (Paris: FR0000130809 - news) reiterates buy and 6,660p target price. Tesco : Nomura reiterates neutral and lowers target to 185p from 190p.
Burberry : UBS (NYSEArca: FBGX - news) reiterates neutral stance and lifts target to 1,800p from 1,650p.
Royal Dutch Shell (Xetra: R6C1.DE - news) : Barclays (LSE: BARC.L - news) reiterates overweight.
Persimmon : Shore Capital reiterates hold.
Vodafone : RBC Capital reiterates neutral and raises target to 229p from 220p.
Rightmove : Berenberg Bank initiates coverage at buy with 250p target.
GlaxoSmithKline (Hanover: GS7.HA - news) : SocGen starts at sell with 1,550p target.
BAE Systems (LSE: BA.L - news) : UBS downgrades to neutral, with a 540p target.
Meggitt : UBS downgrades to sell and improves target price to 520p from 500p.
Ophir Energy (Other OTC: OPGYF - news) : Barclays downgrades to equal-weight with a target of 200p.
Morrison : Nomura reiterates buy and lowers target to 260p from 270p.
Sainsbury : Nomura reiterates neutral but lowers target to 175p from 200p.