Wednesday broker round-up

Rotork: Credit Suisse downgrades to underperform with a target price of 300p.

KCOM: Berenberg reiterates buy with a target price of 115p.

Equiniti: Liberum reiterates buy with a target price of 320p.

Halfords Group: Liberum reiterates buy with a target price of 380p.

Rio Tinto: Liberum downgrades to sell with a target price of 3,350p.

Grafton Group: Barclays reiterates overweight with a target price of 870p.

Vodafone Group: Barclays reiterates overweight with a target price of 220p.

Direct Line Insurance: Deutsche Bank downgrades to hold with a target price of 370p.

Admiral Group: Deutsche Bank reiterates hold with a target price of 2,100p.

IQE: Deutsche Bank reiterates hold with a target price of 80p.

BTG: JP Morgan reiterates neutral with a target price of 680p.

Polymetal International: JP Morgan reiterates neutral with a target price of 940p.

Next: HSBC upgrades to buy with a target price of 6,050p.

FirstGroup: Canaccord reiterates hold with a target price of 91p.

McCarthy & Stone: Canaccord reiterates hold with a target price of 143p.

Standard Chartered: Credit Suisse reiterates underperform with a target price of 535p.

Unilever: Credit Suisse reiterates neutral with a target price of 4,085p.