Wednesday broker round-up

Petra Diamonds: Berenberg downgrades to sell with a target price of 8p.

HSBC: Jefferies downgrades to hold with a target price of 691p.

Smiths Group: JP Morgan reiterates overweight with a target price of 1,760p.

Admiral Group: JP Morgan reiterates underweight with a target price of 1,950p.

Beazley: JP Morgan reiterates overweight with a target price of 665p.

Marston’s: Canaccord reiterates buy with a target price of 125p.

PayPoint: Canaccord reiterates buy with a target price of 1,070p.

IG Group Holdings: Liberum reiterates buy with a target price of 668p.