| Date | Broker name | New | Price | Old price target | New price target | Broker change |
|---|---|---|---|---|---|---|
| 10-Sep-25 | Jefferies | Buy | 2,320.00p | 3,200.00p | 3,200.00p | Reiteration |
| 09-Sep-25 | Berenberg Bank | Hold | 2,414.00p | 2,425.00p | 2,425.00p | Reiteration |
| 05-Sep-25 | UBS | Buy | 2,298.00p | - | 2,700.00p | Reiteration |
| 28-Jul-25 | Berenberg Bank | Hold | 2,234.00p | 2,248.00p | 2,248.00p | Reiteration |
| 18-Mar-25 | Berenberg Bank | Hold | 2,590.00p | - | 2,425.00p | Reiteration |
| 28-Jan-25 | Berenberg Bank | Hold | 2,268.00p | - | 2,425.00p | Reiteration |
| 17-Dec-24 | Jefferies | Buy | 2,150.00p | - | 3,400.00p | Reiteration |
| 29-Jul-24 | JP Morgan Cazenove | Overweight | 2,642.00p | 3,300.00p | 3,050.00p | Reiteration |
| 29-Jul-24 | Jefferies | Buy | 2,642.00p | 3,900.00p | 3,800.00p | Reiteration |
| 06-Jun-24 | JP Morgan Cazenove | Overweight | 2,722.00p | - | 3,300.00p | Reiteration |
| 20-Mar-24 | Jefferies | Buy | 2,942.00p | - | 3,900.00p | Reiteration |
| 22-Feb-24 | Panmure Gordon | Buy | 2,916.00p | - | 3,350.00p | New Coverage |
| 12-Apr-23 | Jefferies | Buy | 2,262.00p | - | 2,700.00p | Reiteration |
| 03-Apr-23 | Berenberg Bank | Buy | 2,132.00p | - | 2,850.00p | Reiteration |
| 10-Nov-22 | Berenberg Bank | Buy | 2,006.00p | 3,250.00p | 2,850.00p | Reiteration |
| 26-Sep-22 | Citigroup | Buy | 1,962.00p | 3,080.00p | 2,450.00p | Upgrade |
| 02-Sep-22 | UBS | Buy | 2,452.00p | 2,470.00p | 2,470.00p | Reiteration |
| 14-Jul-22 | Citigroup | Neutral | 2,342.00p | 3,080.00p | 3,080.00p | Reiteration |
| 06-Jul-22 | Barclays | Equal-weight | 2,360.00p | 3,380.00p | 2,900.00p | Reiteration |
| 27-Jun-22 | Berenberg Bank | Buy | 2,422.00p | 3,600.00p | 3,250.00p | Reiteration |
| 20-Apr-22 | Berenberg Bank | Buy | 2,898.00p | 3,600.00p | 3,600.00p | Reiteration |
| 25-Mar-22 | Morgan Stanley | Equal-weight | 2,906.00p | 2,850.00p | 2,800.00p | Reiteration |
| 15-Mar-22 | Berenberg Bank | Buy | 2,636.00p | - | - | Reiteration |
| 11-Jan-22 | Barclays | Equal-weight | 2,734.00p | 2,900.00p | 3,160.00p | Reiteration |
| 11-Jan-22 | Berenberg Bank | Buy | 2,734.00p | 3,600.00p | 3,600.00p | Reiteration |
| 12-Nov-21 | Berenberg Bank | Buy | 2,784.00p | 3,300.00p | 3,600.00p | Reiteration |
| 10-Sep-21 | Barclays | Equal-weight | 2,974.00p | 2,550.00p | 2,900.00p | Reiteration |
| 30-Jul-21 | Berenberg Bank | Buy | 2,722.00p | 3,000.00p | 3,300.00p | Reiteration |
| 08-Apr-21 | Berenberg Bank | Buy | 2,508.00p | 3,000.00p | 3,000.00p | Reiteration |
| 09-Mar-21 | Morgan Stanley | Equal-weight | 2,154.00p | - | 23,000.00p | New Coverage |
| 25-Jan-21 | Citigroup | Buy | 2,416.00p | - | 3,000.00p | Reiteration |
| 15-Sep-20 | Citigroup | Buy | 2,368.00p | - | 2,728.00p | Reiteration |
| 09-Sep-20 | Berenberg Bank | Buy | 2,270.00p | 2,450.00p | 2,600.00p | Reiteration |
| 24-Jan-20 | Berenberg Bank | Buy | 1,792.00p | 1,500.00p | 2,150.00p | Upgrade |
| 10-Jan-20 | Barclays | Equal-weight | 1,694.00p | 1,550.00p | 1,260.00p | Reiteration |
| 10-Oct-19 | Barclays | Equal-weight | 1,247.00p | 1,260.00p | 1,260.00p | Reiteration |
| 23-Aug-19 | Berenberg Bank | Hold | 1,424.00p | 1,500.00p | 1,500.00p | Reiteration |
| 05-Aug-19 | Berenberg Bank | Hold | 1,450.00p | 1,400.00p | 1,500.00p | DownGrade |
| 30-Apr-19 | Berenberg Bank | Buy | 1,207.00p | 1,400.00p | 1,400.00p | Reiteration |
| 22-Mar-19 | Berenberg Bank | Buy | 1,174.00p | 1,600.00p | 1,400.00p | Reiteration |
| 31-Oct-18 | UBS | Neutral | 1,098.00p | - | 1,285.00p | Reiteration |
| 30-Oct-18 | Berenberg Bank | Buy | 1,256.00p | 1,850.00p | 1,850.00p | Reiteration |
| 25-Sep-18 | UBS | Sell | 1,296.00p | - | 1,255.00p | Reiteration |
| 26-Jul-18 | Berenberg Bank | Buy | 1,562.00p | 1,450.00p | 1,850.00p | Reiteration |
| 25-Jun-18 | Credit Suisse | Outperform | 1,420.00p | 1,400.00p | 1,650.00p | Reiteration |
| 17-Nov-17 | Berenberg Bank | Buy | 1,056.00p | 1,200.00p | 1,250.00p | Reiteration |
| 27-Oct-17 | Credit Suisse | Outperform | 999.50p | 1,000.00p | 1,200.00p | Reiteration |
| 25-Aug-17 | Berenberg Bank | Buy | 1,018.00p | 750.00p | 1,200.00p | Upgrade |
| 07-Jul-17 | Barclays | Overweight | 879.50p | - | - | Upgrade |
| 24-Apr-17 | Credit Suisse | Outperform | 790.00p | 940.00p | 990.00p | Reiteration |
| Currency | UK Pounds |
| Share Price | 2,866.00p |
| Change Today | -6.00p |
| % Change | -0.21 % |
| 52 Week High | 2,876.00p |
| 52 Week Low | 2,024.00p |
| Volume | 184,714 |
| Shares Issued | 117.69m |
| Market Cap | £3,372.94m |
| Beta | 1.08 |
| RiskGrade | 119 |
| Value |
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|---|
| Price Trend |
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|---|
| Income |
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|---|
| Growth |
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| Strong Buy | 5 |
| Buy | 4 |
| Neutral | 4 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 13 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 25-Sep-25 | 05-Jun-25 |
| Paid | 24-Oct-25 | 04-Jul-25 |
| Amount | 23.60p | 47.40p |
| Time | Volume / Share Price |
| 16:59 | 5,982 @ 2,868.62p |
| 16:35 | 1 @ 2,866.00p |
| 16:35 | 25 @ 2,866.00p |
| 16:35 | 21 @ 2,866.00p |
| 16:35 | 2 @ 2,866.00p |
| CEO | Michael J Norris |
| Chair | Pauline Campbell |
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