Wednesday broker round-up

Petrofac: Morgan Stanley upgrades to Equal Weight with a target price of 475p.

SigmaRoc: Berenberg initiates at Buy with a target price of 75p.

Burberry: Citi reiterates Neutral with a target price of 1760p.

Inmarsat: Deutsche Bank reiterates Buy with a target price of 1020p.

Hikma Pharmaceuticals: Jefferies reiterates Underweight with a target price of 1390p.

Provident Financial: JPMorgan reiterates Overweight with a target price of 3200p.

Petrofac: RBC reiterates Underperform with a target price of 420p.

Shire: Goldman Sachs reiterates Buy with a target price of 6400p.

Tesco: HSBC reiterates Buy with a target price of 225p.

Virgin Money: Investec reiterates Buy with a target price of 390p.