Tuesday broker round-up

BT Group: UBS reiterates neutral with a target price of 400p.

Tesco: JP Morgan reiterates underweight with a 135p target.

Relx: Credit Suisse stays at outperform with a 1600p target.

Pets at Home: HSBC reiterates buy with a 320p target.

Royal Dutch Shell B: UBS starts coverage at buy with a 2250p target.

Galliford: Jefferies downgrades to hold with a target price of 1388p.

Sky: Credit Suisse stays at outperform with a target price of 980p.

Easyjet: HSBC keeps at buy with a 1300p target.

Electrocomponents: Jefferies reiterates hold with a target price of 430p.

Chemring: JP Morgan keeps at neutral with a 155p target.

Smith & Nephew: UBS reiterates neutral with a 1160p target.