Thursday broker round-up

Unilever: Barclays upgrades to equal weight with a target price of 4,420p.

Frontier Developments: Berenberg reiterates buy with a target price of 1,800p.

AJ Bell: Berenberg reiterates sell with a target price of 230p.

Eurocell: Canaccord reiterates buy with a target price of 275p.

Admiral Group: Barclays reiterates overweight with a target price of 2,376p.

Intercontinental Hotels: Deutsche Bank upgrades to buy with a target price of 4,600p.

Whitbread: Deutsche Bank reiterates hold with a target price of 3,340p.

Rolls-Royce: UBS downgrades to neutral with a target price of 328p.

Royal Dutch Shell: Liberum reiterates buy with a target price of 2,000p.

Burford Capital: Liberum reiterates buy with a target price of 2,600p.

Meggitt: Credit Suisse reiterates underperform with a target price of 270p.

Vodafone: Credit Suisse reiterates outperform with a target price of 170p.

Smiths (DS): JP Morgan upgrades to buy with a target price of 325p.

Hikma: JP Morgan upgrades to overweight with a target price of 2,400p.

Daily Mail: Citigroup reiterates sell with a target price of 625p.

WPP: Citigroup reiterates buy with a target price of 1,050p.