Thursday broker round-up

BHP Billiton: Credit Suisse reiterates underperform recommendation and 1,350p target.

Henderson Group: Credit Suisse stays at underperform.

Anite: Panmure Gordon keeps at buy.

Kingfisher: Bank of America-Merrill Lynch upgrades to neutral from underperform.

Tullow Oil: Cantor Fitzgerald initiates at sell.

Royal Mail: JP Morgan Cazenove shaves target to 515p from 535p and reiterates neutral recommendation.

BT Group: RBC continues to rate at outperform with 550p target.

SSE: RBC reiterates underperform recommendation with 1,500p target.

Berkeley Group: Deutsche Bank ups target to 3,474p from 3,471p and stays at hold.

United Utilities: Deutsche Bank stays at buy and raises target to 1,110p from 1,040p.

Severn Trent: Deutsche Bank keeps at buy and ups target to 2,350p from 2,200p.

Pennon: Deutsche Bank raises target to 880p from 850p and remains at hold.

Kaz Minerals: Deutsche Bank trims target price to 330p from 340p but remains at buy.