Friday broker round-up

Merlin Entertainments: UBS reiterates buy with a target price of 540p.

Fenner: Jefferies maintains buy with a 205p target.

Randgold Resources: UBS upgrades to buy with a 9750p target.

Lloyds: Berenberg reiterates hold with a 55p target.

BAE Systems: Goldman Sachs keeps at buy with a target price of 671p.

Debenhams: HSBC downgrades to reduce with a target price of 55p.

Spire Healthcare: Berenberg stays at buy with a 395p target.

EnQuest: UBS reiterates buy with a target of 40p.

Rolls-Royce: Goldman Sachs stays at neutral with a 743p target.

WPP: Citigroup reiterates buy with a 2100p target.

National Grid: JP Morgan stays at overweight with a 1200p target.

Ultra Electronics: Goldman Sachs reiterates neutral, 1933p target.