Wednesday broker round-up

Burberry: RBC downgrades to Underperform with a target price of 1530p.

Shire Pharmaceuticals: HSBC maintains Hold with a target price of 4550p.

Morrisons: HSBC maintains Reduce with a target price of 200p.

Pennon Group: Citigroup reiterates Neutral with a target price of 840p.

Derwent London: Barclays reiterates Overweight with a target price of 3600p.

Polymetal International: JPMorgan reiterates Underweight with a target price of 956p.

Pennon Group: Macquarie reiterates Outperform with a target price of 940p.

Lonmin: Goldman Sachs reiterates Sell with a target price of 77p.

Reckitt Benckiser: Jefferies reiterates Buy with a target price of 7750p.

RBS: Credit Suisse reiterates Underperform with a target price of 255p.