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Friday broker round-up

Thomas Cook: Numis downgrades to add with a target price of 159p.
Patisserie Holdings: Berenberg reiterates buy with a target price of 460p.

BT: Morgan Stanley reiterates equal-weight with a target price of 240p.

Grainger: Barclays downgrades to equal-weight with a target price of 320p.

Marstons: Barclays reiterates underweight with a target price of 90p.

Mitchells & Butlers: Barclays reiterates underweight with a target price of 225p.

National Grid: Deutsche Bank reiterates hold.

Sophos: Deutsche Bank reiterates buy.

William Hill: Citigroup reiterates buy with a target price of 380p.

Burberry: Citigroup reiterates neutral with a target price of 1,970p.

Dixons Carphone: RBC Capital Markets reiterates outperform with a target price of 250p.

Hikma Pharmaceuticals: Peel Hunt reiterates hold with a target price of 1,160p.

S&U: Peel Hunt downgrades to hold with a target price of 2,800p.

Experian: Barclays reiterates overweight with a target price of 1,950p.

Motif Bio: Northland Capital Markets reiterates buy with a target price of 115p.

SSP Group: Canaccord reiterates sell with a target price of 590p.

Wincanton: Canaccord reiterates buy with a target price of 340p.

Astrazeneca: Jefferies reiterates buy with a target price of 5,950p.