Monday broker round-up

Pearson: Deutsche Bank upgrades to buy with a target price of 600p.

Associated British Foods: Berenberg reiterates buy with a target price of 2,700p.

Smith & Nephew: Berenberg reiterates buy with a target price of 2,250p.

Moneysupermarket: Berenberg reiterates sell with a target price of 285p.

Elegant Hotels: Canaccord downgrades to hold with a target price of 110p.

Bodycote: Peel Hunt reiterates buy with a target price of 820p.

CMC Markets: Peel Hunt reiterates buy with a target price of 150p.

Avast: UBS reiterates buy with a target price of 425p.

PageGroup: HSBC reiterates buy with a target price of 500p.

ASOS: RBC Capital Markets reiterates outperform with a target price of 3,900p.