| Date | Broker name | New | Price | Old price target | New price target | Broker change |
|---|---|---|---|---|---|---|
| 01-Sep-25 | Citigroup | Sell | 212.20p | 130.00p | 140.00p | Reiteration |
| 18-Jul-25 | Citigroup | Sell | 197.95p | 130.00p | 130.00p | Reiteration |
| 08-Jul-25 | Deutsche | Sell | 195.30p | - | 140.00p | Reiteration |
| 07-Jul-25 | JP Morgan Cazenove | Overweight | 196.30p | - | 286.00p | Reiteration |
| 25-Jun-25 | Berenberg Bank | Buy | 190.95p | - | 240.00p | Restart Coverage |
| 29-Apr-25 | Citigroup | Sell | 171.80p | - | - | Reiteration |
| 18-Feb-25 | Citigroup | Sell | 147.15p | 200.00p | 112.00p | DownGrade |
| 01-Aug-24 | Berenberg Bank | Buy | 138.60p | - | 155.00p | Reiteration |
| 10-Jun-24 | Berenberg Bank | Buy | 129.65p | - | 155.00p | Reiteration |
| 17-May-24 | Berenberg Bank | Buy | 134.25p | - | 135.00p | Reiteration |
| 04-Apr-24 | JP Morgan Cazenove | Overweight | 105.70p | - | 290.00p | Reiteration |
| 01-Mar-24 | Berenberg Bank | Buy | 104.65p | - | 135.00p | Upgrade |
| 21-Feb-24 | JP Morgan Cazenove | Overweight | 108.60p | - | 290.00p | Reiteration |
| 04-Dec-23 | JP Morgan Cazenove | Top Pick | 126.10p | 280.00p | 290.00p | Reiteration |
| 22-Nov-23 | JP Morgan Cazenove | Overweight | 122.45p | - | 280.00p | Reiteration |
| 29-Sep-23 | Citigroup | Buy | 116.70p | - | - | Reiteration |
| 29-Sep-23 | Berenberg Bank | Hold | 116.70p | 150.00p | 135.00p | Reiteration |
| 02-Aug-23 | Berenberg Bank | Hold | 118.95p | - | 150.00p | Reiteration |
| 10-Jul-23 | Barclays | Overweight | 122.00p | - | 225.00p | Reiteration |
| 27-Jun-23 | UBS | Sell | 123.00p | 146.00p | 120.00p | DownGrade |
| 09-Jun-23 | Berenberg Bank | Hold | 147.00p | - | 150.00p | Reiteration |
| 22-May-23 | Citigroup | Buy | 147.85p | - | - | Reiteration |
| 22-May-23 | Barclays | Hold | 147.85p | 160.00p | 150.00p | Reiteration |
| 19-May-23 | Barclays | Overweight | 144.95p | 240.00p | 225.00p | Reiteration |
| 17-Apr-23 | Berenberg Bank | Hold | 158.75p | - | 160.00p | Reiteration |
| 23-Mar-23 | Deutsche | Hold | 139.65p | 140.00p | 150.00p | Reiteration |
| 17-Mar-23 | Numis | Sell | 137.75p | - | 115.00p | Reiteration |
| 16-Mar-23 | JP Morgan Cazenove | Overweight | 146.65p | - | 275.00p | Reiteration |
| 06-Feb-23 | Numis | Reduce | 130.35p | - | 115.00p | Reiteration |
| 20-Jan-23 | Barclays | Overweight | 129.35p | 230.00p | 230.00p | Reiteration |
| 05-Jan-23 | Barclays | Overweight | 123.80p | 220.00p | 230.00p | Reiteration |
| 04-Jan-23 | Berenberg Bank | Buy | 120.60p | 190.00p | 160.00p | Reiteration |
| 19-Dec-22 | Deutsche | Hold | 112.60p | 140.00p | 140.00p | Reiteration |
| 15-Dec-22 | Barclays | Overweight | 114.40p | 220.00p | 220.00p | Reiteration |
| 02-Dec-22 | Citigroup | Neutral | 120.70p | 185.00p | 130.00p | Reiteration |
| 01-Dec-22 | Berenberg Bank | Hold | 120.55p | 190.00p | 190.00p | Reiteration |
| 29-Nov-22 | Barclays | Overweight | 122.85p | 220.00p | 220.00p | Reiteration |
| 25-Nov-22 | JP Morgan Cazenove | Overweight | 126.90p | 285.00p | 265.00p | Reiteration |
| 23-Nov-22 | Berenberg Bank | Hold | 124.75p | 190.00p | 190.00p | Reiteration |
| 15-Nov-22 | Barclays | Overweight | 122.75p | 220.00p | 220.00p | Reiteration |
| 04-Nov-22 | Berenberg Bank | Hold | 114.10p | 140.00p | 140.00p | Reiteration |
| 01-Nov-22 | Deutsche | Hold | 128.90p | 140.00p | 140.00p | Reiteration |
| 31-Oct-22 | Barclays | Overweight | 129.80p | 220.00p | 220.00p | Reiteration |
| 10-Oct-22 | Deutsche | Hold | 125.75p | 140.00p | 140.00p | Reiteration |
| 13-Sep-22 | Deutsche | Hold | 142.75p | 140.00p | 140.00p | Upgrade |
| 06-Sep-22 | Berenberg Bank | Hold | 142.15p | 220.00p | 190.00p | DownGrade |
| 02-Aug-22 | Barclays | Overweight | 160.85p | 240.00p | 240.00p | Reiteration |
| 29-Jul-22 | Berenberg Bank | Buy | 161.80p | 220.00p | 220.00p | Reiteration |
| 18-Jul-22 | Barclays | Overweight | 178.80p | 240.00p | 240.00p | Reiteration |
| 13-Jul-22 | JP Morgan Cazenove | Top Pick | 193.35p | - | - | Reiteration |
| Currency | UK Pounds |
| Share Price | 184.70p |
| Change Today | -1.05p |
| % Change | -0.57 % |
| 52 Week High | 222.70p |
| 52 Week Low | 136.70p |
| Volume | 3,479,066 |
| Shares Issued | 9,968m |
| Market Cap | £18,410m |
| Beta | 0.67 |
| RiskGrade | 170 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Strong Buy | 2 |
| Buy | 5 |
| Neutral | 5 |
| Sell | 2 |
| Strong Sell | 3 |
| Total | 17 |

| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 07-Aug-25 | 24-Dec-24 |
| Paid | 10-Sep-25 | 05-Feb-25 |
| Amount | 5.76p | 2.40p |
| Time | Volume / Share Price |
| 13:28 | 2 @ 184.70p |
| 13:28 | 3 @ 184.60p |
| 13:27 | 25 @ 184.65p |
| 13:27 | 1 @ 184.65p |
| 13:27 | 2,904 @ 184.70p |
| CFO | Simon Lowth |
| CEO | Allison Kirkby |
| Chair | Adam Crozier |
You are here: research