Tuesday broker round-up

GVC Holdings: Berenberg reiterates buy with a target price of 760p.

Softcat: Citigroup reiterates buy, 410p target.

GlaxoSmithKline: Jefferies downgrades to underperform with a 2300p target.

Relx: UBS stays at buy with a 1600p target.

GB Group: Citigroup starts coverage at buy with a 400p target.

Babcock: Goldman Sachs keeps at buy with a target price of 1480p.

Pennon: HSBC maintains buy with a target price of 990p.

JD Wetherspoon: Barclays stays at overweight with a 1000p target.

Diageo: Jefferies keeps at buy with a target of 2500p.

Go-Ahead: UBS reiterates at neutral with a 2200p target.

Purplebricks Group: Citigroup reiterates buy with a 200p target.