Thursday broker round-up

RBS: Berenberg upgrades to Buy with a target price of 275p.

Debenhams: Berenberg downgrades to Sell with a target price of 46p.

IAG: HSBC downgrades to Reduce with a target price of 490p.

Bodycote: Deutsche Bank reiterates Buy with a target price of 835p.

Carillion: JPMorgan reiterates Neutral with a target price of 231p.

South32: UBS upgrades to Buy with a target price of 185p.

Smurfit Kappa: Jefferies upgrades to Buy with a target price of 2480p.

Vectura: Citigroup reiterates Buy with a target price of 225p.

First Derivatives: N 1 Singer reiterates Buy with a target price of 2716p.

James Fisher and Sons: Canaccord downgrades to Sell with a target price of 200p.