| Date | Broker name | New | Price | Old price target | New price target | Broker change |
|---|---|---|---|---|---|---|
| 28-Oct-25 | Citigroup | Neutral | 176.10p | 185.00p | 185.00p | DownGrade |
| 16-Oct-25 | Barclays | Overweight | 175.15p | 180.00p | 210.00p | Upgrade |
| 11-Sep-25 | Berenberg Bank | Buy | 156.70p | 155.00p | 190.00p | Reiteration |
| 15-Aug-25 | Citigroup | Buy | 166.80p | - | 185.00p | Reiteration |
| 15-Aug-25 | JP Morgan Cazenove | Neutral | 166.80p | 177.00p | 179.00p | Reiteration |
| 29-Jul-25 | RBC Capital Markets | Outperform | 163.25p | 175.00p | 200.00p | Reiteration |
| 25-Jul-25 | Citigroup | Buy | 162.75p | - | - | Reiteration |
| 06-Dec-24 | Jefferies | Buy | 130.10p | - | 150.00p | Reiteration |
| 05-Dec-24 | Citigroup | Top Pick | 130.55p | - | - | Reiteration |
| 05-Jul-24 | JP Morgan Cazenove | Overweight | 141.90p | - | - | Reiteration |
| 28-Jun-24 | Berenberg Bank | Buy | 134.90p | 130.00p | 155.00p | Upgrade |
| 31-May-24 | RBC Capital Markets | Outperform | 141.55p | 145.00p | 170.00p | Upgrade |
| 15-May-24 | Barclays | Underweight | 144.15p | 205.00p | 190.00p | Reiteration |
| 08-May-24 | UBS | Buy | 134.05p | 165.00p | 170.00p | Upgrade |
| 21-Feb-24 | JP Morgan Cazenove | Overweight | 129.30p | - | - | Reiteration |
| 16-Feb-24 | Citigroup | Buy | 139.10p | - | - | Reiteration |
| 20-Dec-23 | Barclays | Overweight | 142.20p | 200.00p | 205.00p | Reiteration |
| 22-Nov-23 | Citigroup | Buy | 146.45p | - | - | Reiteration |
| 09-Aug-23 | Berenberg Bank | Hold | 138.95p | 110.00p | 140.00p | Reiteration |
| 04-Jul-23 | JP Morgan Cazenove | Overweight | 125.35p | 140.00p | 150.00p | Reiteration |
| 16-Jun-23 | Citigroup | Buy | 118.85p | - | - | Reiteration |
| 13-Jun-23 | Jefferies | Buy | 117.65p | - | 130.00p | Reiteration |
| 16-May-23 | Citigroup | Buy | 119.65p | - | - | Reiteration |
| 07-Mar-23 | JP Morgan Cazenove | Overweight | 105.10p | - | - | Reiteration |
| 06-Feb-23 | Barclays | Overweight | 96.96p | - | 160.00p | Reiteration |
| 19-Jan-23 | RBC Capital Markets | Outperform | 97.56p | - | 130.00p | Reiteration |
| 18-Jan-23 | Citigroup | Buy | 97.86p | 110.00p | 118.00p | Reiteration |
| 22-Nov-22 | RBC Capital Markets | Outperform | 94.88p | 140.00p | 130.00p | Reiteration |
| 18-Nov-22 | Citigroup | Buy | 93.00p | 110.00p | 110.00p | Reiteration |
| 11-Nov-22 | Barclays | Overweight | 82.30p | 144.00p | 144.00p | Reiteration |
| 31-Oct-22 | Barclays | Overweight | 76.62p | 121.00p | 144.00p | Reiteration |
| 05-Aug-22 | JP Morgan Cazenove | Overweight | 83.80p | 120.00p | 120.00p | Reiteration |
| 03-Aug-22 | Citigroup | Neutral | 85.50p | 97.00p | 97.00p | Reiteration |
| 08-Jul-22 | Citigroup | Buy | 80.08p | 105.00p | 105.00p | Reiteration |
| 28-Jun-22 | JP Morgan Cazenove | Overweight | 83.90p | - | - | Reiteration |
| 27-May-22 | Barclays | Overweight | 77.24p | 123.00p | 121.00p | Reiteration |
| 23-May-22 | Citigroup | Buy | 89.60p | 105.00p | 105.00p | Reiteration |
| 20-May-22 | JP Morgan Cazenove | Overweight | 88.18p | - | - | Reiteration |
| 16-May-22 | RBC Capital Markets | Outperform | 79.82p | 90.00p | 125.00p | Reiteration |
| 16-May-22 | Barclays | Overweight | 79.82p | 112.00p | 123.00p | Reiteration |
| 11-May-22 | Morgan Stanley | Overweight | 78.22p | - | - | Reiteration |
| 26-Apr-22 | Morgan Stanley | Overweight | 78.90p | - | - | Reiteration |
| 14-Apr-22 | Morgan Stanley | Overweight | 78.62p | - | - | Reiteration |
| 13-Apr-22 | Barclays | Overweight | 79.54p | - | 112.00p | Reiteration |
| 25-Mar-22 | Morgan Stanley | Overweight | 84.50p | - | - | Reiteration |
| 03-Mar-22 | Citigroup | Buy | 72.56p | 100.00p | 100.00p | Reiteration |
| 03-Mar-22 | JP Morgan Cazenove | Overweight | 72.56p | 87.00p | 94.00p | Reiteration |
| 24-Feb-22 | Berenberg Bank | Hold | 72.16p | - | - | Reiteration |
| 09-Feb-22 | Morgan Stanley | Overweight | 78.90p | - | - | Reiteration |
| 25-Jan-22 | RBC Capital Markets | Outperform | 69.98p | 75.00p | 90.00p | Reiteration |
| Currency | UK Pounds |
| Share Price | 179.80p |
| Change Today | 0.50p |
| % Change | 0.28 % |
| 52 Week High | 180.35p |
| 52 Week Low | 114.90p |
| Volume | 1,915,145 |
| Shares Issued | 4,697.96m |
| Market Cap | £8,447m |
| Beta | 0.72 |
| RiskGrade | 165 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Strong Buy | 3 |
| Buy | 4 |
| Neutral | 7 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 14 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 18-Sep-25 | 01-May-25 |
| Paid | 30-Oct-25 | 05-Jun-25 |
| Amount | 1.83p | 3.00p |
| Time | Volume / Share Price |
| 13:28 | 3,516 @ 179.80p |
| 13:27 | 1,170 @ 179.80p |
| 13:27 | 2,419 @ 179.80p |
| 13:27 | 65 @ 179.80p |
| 13:27 | 83 @ 179.80p |
You are here: research