Wednesday broker round-up

Meggitt: Bank of America Merrill Lynch upgrades to Buy with a target price of 530p.

Micro Focus: Bank of America Merrill Lynch downgrades to Underperform with a target price of 2280p.

Reckitt Benckiser: Berenberg maintains Buy with a target price of 8500p.

Burberry Group: Deutsche Bank reiterates Hold with a target price of 1650p.

Electrocomponents: HSBC maintains Buy with a target price of 550p.

JD Sports: Barclays reiterates Overweight with a target price of 475p.

Shire: Goldman Sachs reiterates Buy with a target price of 6800p.

Imagination Technologies: JPMorgan reiterates Neutral with a target price of 95p.

Wincanton: Canaccord initiating coverage with Buy and a target price of 322p.

RhythmOne: Numis reiterates Buy with a target price of 52p.