Friday broker round-up

Royal Mail: Deutsche Bank downgrades to Sell with a target price of 359p.

Anglo American: Deutsche Bank upgrades to Hold with a target price of 1400p.

Babcock: Morgan Stanley downgrades to Equal Weight with a target price of 800p.

Spirax Sarco: Barclays initiates at Equal Weight with a target price of 6100p.

Applegreen: Berenberg initiates at Buy with a target price of 600p.

Vesuvius: Barclays initiates at Underweight with a target price of 500p.

Saga: RBC initiates on Outperform with a target price of 250p.

Britvic: Jefferies reiterates Hold with a target price of 800p.

Royal Mail: Berenberg reiterates Hold with a target price of 415p.

Inmarsat: Jefferies reiterates Buy with a target price of 1000p.