Wednesday broker round-up

Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.

Trifast: Liberum kicks off coverage at 'buy' with 260.0p target price.

Next: Berenberg upgrades from 'sell' to 'hold' and revises target from 6,500.0p to 7,100.0p.

CentralNic: Berenberg keeps at 'buy' with a 180.0p target price.

Ultra Electronics: Berenberg stays at 'buy', ups target from 2,600.0p to 2,730.0p.

Whitbread: ShoreCap stays at buy.

Compass Group: Jefferies upgrades from 'hold' to 'buy' and raises target price from 1,4400p to 1,660.0p.

M&G: Deutsche Bank ups target price from 205.0p to 225.0p but keeps at 'hold'.

Schroders: RBC upgrades from 'underperform' to 'sector perform' and lifts target price from 3,000.0p to 3,400.0p.