Thursday broker round-up

DS Smith: Berenberg upgrades to Buy with a target price of 550p.

Plus500: Berenberg upgrades to Buy with a target price of 725p.

British American Tobacco: JPMorgan restarts coverage on Overweight with a target price of 5610p.

B&M: JPMorgan reiterates Neutral with a target price of 390p.

Rio Tinto: Citi reiterates Buy with a target price of 3400p.

Standard Chartered: Deutsche Bank reiterates Sell with a target price of 4200p.

Glencore: RBC maintains Outperform with a target price of 410p.

IAG: RBC maintains Sector Perform with a target price of 600p.

BAE Systems: Credit Suisse reiterates Neutral with a target price of 605p.

Centrica: Investec reiterates Sell with a target price of 180p.