Thursday broker round-up

InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.

Petrofac: Berenberg reiterates hold with a target price of 250.0p.

Bunzl: Berenberg reiterates hold with a target price of 2,250.0p.

ASOS: Berenberg reiterates buy with a target price of 4,400.0p.

Crest Nicholson: Canaccord upgrades to buy with a target price of 260.0p.

Velocys: Canaccord reiterates speculative buy with a target price of 16.0p.

Ti Fluid Systems: Citigroup reiterates neutral.

Petrofac: JP Morgan reiterates neutral with a target price of 270.0p.

NewRiver: Barclays reiterates equal weight with a target price of 76.0p.

WH Smith: Barclays initiates at overweight with a target price of 1,535.0p.

Hochschild: RBC Capital Markets downgrades to sector performer with a target price of 210.0p.

Centamin: RBC Capital Markets upgrades to outperform with a target price of 210.0p.

PPHE Hotel Group: Jefferies downgrades to hold with a target price of 1,150.0p.

Whitbread: Jefferies reiterates hold with a target price of 2,200.0p.