Tuesday broker round-up

BAE Systems: Barclays upgrades to overweight with a target price of 760p.

Kenmare Resources: Peel Hunt reiterates buy with a target price of 425p.

Ferguson: Peel Hunt reiterates hold with a target price of 7,230p.

Avast: Peel Hunt initiates at sell with a target price of 405p.

Luceco: Peel Hunt downgrades to add with a target price of 151p.

Crest Nicholson: Liberum reiterates buy with a target price of 450p.

Base Resources Limited: Berenberg reiterates buy with a target price of 27p.

Informa: UBS reiterates buy with a target price of 950p.

ITV: UBS reiterates neutral with a target price of 140p.

Diageo: JP Morgan downgrades to underweight with a target price of 2,800p.

Direct Line: RBC Capital Markets reiterates outperform with a target price of 405p.

Close Brothers: RBC Capital Markets reiterates sector performer with a target price of 1,450p.