Thursday broker round-up

Hays: Deutsche Bank upgrades to Hold with a target price of 160p.

Pagegroup: Jefferies reiterates Hold with a target price of 395p.

Taylor Wimpey: Deutsche Bank reiterates Buy with a target price of 244p.

Sainsbury: HSBC maintains Reduce with a target price of 205p.

Tullow Oil: Deutsche Bank reiterates Hold with a target price of 330p.

National Express Group: HSBC maintains Buy with a target price of 400p.

Inmarsat: Citi downgrades to Neutral with a target price of 800p

Smurfit Kappa: Jefferies reiterates Hold with a target price of 2080p.

Whitbread: Goldman Sachs reiterates Neutral with a target price of 4160p.

Stock Spirits Group: Berenberg reiterates Hold with a target price of 150p