| Date | Broker name | New | Price | Old price target | New price target | Broker change |
|---|---|---|---|---|---|---|
| 16-Oct-25 | Berenberg Bank | Buy | 1,773.00p | 2,560.00p | 2,510.00p | Reiteration |
| 12-Aug-25 | Deutsche | Buy | - | 3,100.00p | 2,850.00p | Reiteration |
| 08-Aug-25 | JP Morgan Cazenove | Overweight | 1,740.00p | 2,600.00p | 2,500.00p | Reiteration |
| 07-Aug-25 | Jefferies | Buy | 1,750.00p | - | 2,600.00p | Reiteration |
| 10-Mar-25 | Berenberg Bank | Buy | 2,118.00p | - | 2,560.00p | Reiteration |
| 07-Mar-25 | JP Morgan Cazenove | Overweight | 2,124.00p | - | - | Reiteration |
| 29-Jan-25 | Berenberg Bank | Buy | 2,248.00p | 2,400.00p | 2,560.00p | Reiteration |
| 02-Sep-24 | Berenberg Bank | Buy | 1,974.00p | 2,100.00p | 2,400.00p | Upgrade |
| 12-Aug-24 | Berenberg Bank | Hold | 2,002.00p | 2,000.00p | 2,100.00p | Reiteration |
| 18-Jun-24 | Deutsche | Buy | 1,999.00p | - | 2,750.00p | Reiteration |
| 07-May-24 | Barclays | Equal-weight | 1,956.00p | - | 2,000.00p | Reiteration |
| 25-Apr-24 | Berenberg Bank | Hold | 1,854.00p | - | 2,000.00p | Reiteration |
| 08-Apr-24 | Barclays | Equal-weight | 1,839.00p | - | 2,000.00p | Reiteration |
| 26-Feb-24 | Berenberg Bank | Hold | 1,994.00p | 1,960.00p | 2,000.00p | Reiteration |
| 13-Nov-23 | RBC Capital Markets | Sector perform | 1,767.50p | - | 2,150.00p | Reiteration |
| 16-Oct-23 | JP Morgan Cazenove | Overweight | 2,069.00p | - | - | Reiteration |
| 03-Oct-23 | Citigroup | Buy | 2,053.00p | - | - | Reiteration |
| 12-Jul-23 | Barclays | Equal-weight | 1,815.00p | 1,700.00p | 1,800.00p | Reiteration |
| 22-May-23 | Jefferies | Buy | 1,841.00p | 2,080.00p | 2,125.00p | Reiteration |
| 03-May-23 | Barclays | Equal-weight | 1,843.00p | - | 1,700.00p | Reiteration |
| 12-Apr-23 | Jefferies | Buy | 1,776.50p | - | 2,080.00p | Reiteration |
| 09-Mar-23 | JP Morgan Cazenove | Overweight | 1,789.00p | - | 2,100.00p | Reiteration |
| 01-Mar-23 | RBC Capital Markets | Outperform | 1,738.50p | 1,750.00p | 1,950.00p | Reiteration |
| 24-Feb-23 | Barclays | Equal-weight | 1,716.50p | 1,650.00p | 1,700.00p | Reiteration |
| 24-Feb-23 | Berenberg Bank | Hold | 1,716.50p | 1,440.00p | 1,740.00p | Reiteration |
| 14-Feb-23 | JP Morgan Cazenove | Overweight | 1,751.50p | - | - | Reiteration |
| 31-Jan-23 | Citigroup | Buy | 1,708.50p | - | 1,920.00p | Reiteration |
| 25-Jan-23 | Barclays | Equal-weight | 1,638.50p | 13,500.00p | 16,500.00p | Reiteration |
| 05-Dec-22 | Barclays | Equal-weight | 1,514.00p | 1,350.00p | 1,350.00p | Reiteration |
| 01-Dec-22 | Berenberg Bank | Hold | 1,541.50p | 1,440.00p | 1,440.00p | Reiteration |
| 03-Nov-22 | Berenberg Bank | Hold | 1,296.50p | 1,440.00p | 1,440.00p | Reiteration |
| 01-Nov-22 | Barclays | Equal-weight | 1,291.50p | 1,400.00p | 1,400.00p | Reiteration |
| 04-Oct-22 | Berenberg Bank | Hold | 1,338.00p | 1,440.00p | 1,440.00p | Reiteration |
| 30-Sep-22 | Barclays | Equal-weight | 1,363.50p | 1,750.00p | 1,750.00p | Reiteration |
| 31-Aug-22 | Barclays | Equal-weight | 1,313.00p | 1,750.00p | 1,750.00p | Reiteration |
| 11-Aug-22 | JP Morgan Cazenove | Neutral | 1,565.00p | 1,900.00p | 1,760.00p | Reiteration |
| 05-Aug-22 | Barclays | Equal-weight | 1,604.50p | 2,250.00p | 1,750.00p | DownGrade |
| 02-Aug-22 | Barclays | Overweight | 1,731.50p | 2,250.00p | 2,250.00p | Reiteration |
| 19-Jul-22 | Barclays | Overweight | 1,679.50p | 2,500.00p | 2,250.00p | Reiteration |
| 04-Jul-22 | Barclays | Overweight | 1,654.00p | 2,500.00p | 2,500.00p | Reiteration |
| 01-Jun-22 | Barclays | Overweight | 1,673.00p | - | 2,500.00p | Reiteration |
| 25-May-22 | JP Morgan Cazenove | Neutral | 1,676.50p | 2,900.00p | 1,900.00p | DownGrade |
| 24-May-22 | Barclays | Overweight | 1,690.00p | - | 2,500.00p | Reiteration |
| 11-May-22 | Morgan Stanley | Equal-weight | 1,729.50p | - | - | Reiteration |
| 09-May-22 | Barclays | Overweight | 1,697.00p | - | 2,800.00p | Reiteration |
| 29-Apr-22 | Barclays | Overweight | 1,883.50p | - | 2,800.00p | Reiteration |
| 14-Apr-22 | Barclays | Overweight | 2,070.00p | 2,800.00p | 2,800.00p | Reiteration |
| 04-Apr-22 | Barclays | Overweight | 2,079.00p | - | 2,800.00p | Reiteration |
| 15-Mar-22 | Barclays | Overweight | 2,035.00p | 2,800.00p | 2,800.00p | Reiteration |
| 07-Mar-22 | Barclays | Overweight | 1,825.00p | - | 2,800.00p | Reiteration |
| Currency | UK Pounds |
| Share Price | 1,763.00p |
| Change Today | -58.00p |
| % Change | -3.19 % |
| 52 Week High | 2,340.00p |
| 52 Week Low | 1,592.00p |
| Volume | 744,621 |
| Shares Issued | 221.89m |
| Market Cap | £3,911.86m |
| Beta | 0.94 |
| RiskGrade | 125 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Strong Buy | 7 |
| Buy | 3 |
| Neutral | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 12 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 14-Aug-25 | 20-Mar-25 |
| Paid | 18-Sep-25 | 01-May-25 |
| Amount | 36.00¢ | 48.00¢ |
| Time | Volume / Share Price |
| 15:43 | 165,071 @ 1,827.00p |
| 15:43 | 165,071 @ 1,827.00p |
| 16:35 | 64 @ 1,763.00p |
| 16:35 | 93 @ 1,763.00p |
| 16:35 | 61 @ 1,763.00p |
You are here: research