Thursday broker round-up

Hikma Pharmaceutical: JPMorgan downgrades to Neutral with a target price of 2400p.

Premier Oil: Peel Hunt initiates at Buy with a target price of 90p.

Antofagasta: HSBC maintains Hold with a target price of 750p.

Merlin Entertainments: Berenberg downgrades to Sell with a target price of 375p.

Cape: Macquarie upgrades to Outperform with a target price of 240p.

OneSavings Bank: RBC reiterates Outperform with a target price of 445p.

Mortgage Advice Bureau: Canaccord reiterates Buy with a target price of 420p.

Intertek Group: Deutsche Bank upgrades to Buy with a target price of 4150p.

Serco: Deutsche Bank reiterates Hold with a target price of 135p.

Brady: N 1 Singer reiterates Buy with a target price of 91p.