Tuesday broker round-up

HSBC: Macquarie downgrades to underperform and lowers target to 520p from 600p.

StanChart: Macquarie downgrades to underperform and lowers target to 850p from 950p.

easyJet: Panmure Gordon reiterates buy with 2,000p target, Numis stays at buy with 2,100p target.

Mitchells&Butlers: JP Morgan Cazenove reiterates neutral and improves target to 450p from 430p.

Lonmin: Exane BNP reiterates neutral and 127p target.

BG Group: UBS reiterates buy and 1,332p target.

Thomas Cook: Credit Suisse ups to outperform alongside 180p target.

SDL: Panmure Gordon keeps at buy with 496p target.

Royal Mail: JP Morgan reiterates neutral with 535p target.

TUI: Credit Suisse reiterates outperform and 1,320p target.