Wednesday broker round-up

BHP Billiton: Citigroup reiterates Buy with a target price of 1650p.

Anglo American: Deutsche Bank reiterates Hold with a target price of 1310p.

Intercontinental Hotels: Deutsche Bank reiterates Hold with a target price of 3500p.

Phoenix: Barclays restarts coverage with Underweight on a target price of 673p.

Intercontinental Hotels: Barclays downgrades to Equal Weight with a target price of 4000p.

BHP Billiton: UBS reiterates Neutral with a target price of 1400p.

John Wood Group: RBC reiterates Outperform with a target price of 980p.

NCC Group: Canaccord maintains Sell with a target price of 127p.

Wood Group: Canaccord maintains Hold with a target price of 825p.

National Grid: Exane BNP Paribas reiterates Underperform with a target price of 830p.

Capital & Counties: Numis reiterates Hold with a target price of 320p.