| Date | Broker name | New | Price | Old price target | New price target | Broker change | 
|---|---|---|---|---|---|---|
| 07-Oct-25 | Jefferies | Buy | 1,142.50p | 1,801.00p | 1,790.00p | Reiteration | 
| 09-Sep-25 | Berenberg Bank | Hold | 1,087.50p | 1,300.00p | 1,300.00p | Reiteration | 
| 18-Aug-25 | Berenberg Bank | Hold | 1,096.00p | 1,450.00p | 1,300.00p | Reiteration | 
| 14-Aug-25 | Citigroup | Buy | 1,100.50p | 1,573.00p | 1,530.00p | Reiteration | 
| 13-Aug-25 | RBC Capital Markets | Sector perform | 1,129.00p | 1,375.00p | 1,375.00p | Reiteration | 
| 09-Jul-25 | RBC Capital Markets | Sector perform | 1,222.00p | 1,325.00p | 1,375.00p | Upgrade | 
| 12-Mar-25 | Berenberg Bank | Hold | 1,194.00p | - | - | Reiteration | 
| 05-Dec-24 | JP Morgan Cazenove | Overweight | 1,276.50p | 1,640.00p | 1,520.00p | Reiteration | 
| 05-Jul-24 | JP Morgan Cazenove | Overweight | 1,464.00p | - | - | Reiteration | 
| 03-May-24 | JP Morgan Cazenove | Overweight | 1,366.50p | - | - | Reiteration | 
| 12-Apr-24 | JP Morgan Cazenove | Overweight | 1,282.00p | 1,190.00p | 1,510.00p | Upgrade | 
| 04-Jul-23 | JP Morgan Cazenove | Neutral | 1,031.00p | 1,600.00p | 1,090.00p | DownGrade | 
| 27-Jun-23 | Barclays | Equal-weight | 1,045.00p | - | 1,200.00p | Reiteration | 
| 22-Jun-23 | Jefferies | Hold | 1,103.50p | 1,396.00p | 1,192.00p | Reiteration | 
| 12-Jun-23 | UBS | Neutral | 1,220.50p | 1,230.00p | 1,300.00p | Reiteration | 
| 12-May-23 | Berenberg Bank | Hold | 1,337.50p | - | 1,400.00p | Reiteration | 
| 27-Apr-23 | Barclays | Equal-weight | 1,282.50p | - | 1,300.00p | Reiteration | 
| 27-Apr-23 | Berenberg Bank | Hold | 1,282.50p | 1,600.00p | 1,400.00p | Reiteration | 
| 13-Mar-23 | Citigroup | Sell | 1,222.50p | - | - | Reiteration | 
| 08-Mar-23 | Jefferies | Hold | 1,278.50p | 1,469.00p | 1,396.00p | Reiteration | 
| 01-Mar-23 | Peel Hunt Limited | Hold | 1,277.50p | - | 1,190.00p | Reiteration | 
| 13-Feb-23 | Liberum Capital | Buy | 1,436.00p | - | 1,600.00p | Reiteration | 
| 13-Feb-23 | Deutsche | Sell | 1,436.00p | - | - | DownGrade | 
| 13-Feb-23 | Jefferies | Hold | 1,436.00p | - | - | Reiteration | 
| 01-Feb-23 | Citigroup | Sell | 1,409.50p | - | - | DownGrade | 
| 25-Nov-22 | Berenberg Bank | Hold | 1,328.50p | 1,700.00p | 1,600.00p | Reiteration | 
| 09-Nov-22 | JP Morgan Cazenove | Overweight | 1,281.50p | 2,530.00p | 2,150.00p | Reiteration | 
| 20-Oct-22 | Deutsche | Hold | 1,239.00p | 2,854.00p | 1,207.00p | Reiteration | 
| 21-Sep-22 | JP Morgan Cazenove | Overweight | 1,400.00p | - | - | Reiteration | 
| 12-Sep-22 | Berenberg Bank | Hold | 1,519.50p | 3,440.00p | 1,700.00p | DownGrade | 
| 08-Jul-22 | Citigroup | Neutral | 1,776.50p | 1,930.00p | 1,930.00p | Reiteration | 
| 25-May-22 | Liberum Capital | Buy | 2,161.00p | - | 2,630.00p | Reiteration | 
| 11-May-22 | Morgan Stanley | Equal-weight | 2,087.00p | - | - | Reiteration | 
| 25-Mar-22 | JP Morgan Cazenove | Overweight | 2,096.00p | 3,580.00p | 2,830.00p | Reiteration | 
| 25-Mar-22 | Morgan Stanley | Equal-weight | 2,096.00p | - | - | Reiteration | 
| 14-Mar-22 | Liberum Capital | Buy | 2,292.00p | - | 3,090.00p | Reiteration | 
| 02-Mar-22 | Berenberg Bank | Buy | 2,370.00p | 3,410.00p | 3,440.00p | Reiteration | 
| 08-Feb-22 | Deutsche | Hold | 2,436.00p | - | - | Reiteration | 
| 31-Jan-22 | Berenberg Bank | Buy | 2,394.00p | 3,410.00p | 3,410.00p | Reiteration | 
| 28-Jan-22 | Barclays | Underweight | 2,361.00p | - | 2,250.00p | Reiteration | 
| 20-Jan-22 | Morgan Stanley | Equal-weight | 2,566.00p | 3,250.00p | 2,900.00p | Reiteration | 
| 17-Jan-22 | Barclays | Underweight | 2,578.00p | - | 2,500.00p | Reiteration | 
| 14-Jan-22 | Deutsche | Hold | 2,549.00p | 3,268.00p | 2,897.00p | DownGrade | 
| 14-Jan-22 | Citigroup | Neutral | 2,549.00p | 2,648.00p | 2,648.00p | Reiteration | 
| 14-Jan-22 | JP Morgan Cazenove | Overweight | 2,549.00p | 3,530.00p | 3,580.00p | Reiteration | 
| 16-Dec-21 | Liberum Capital | Buy | 2,730.00p | - | 3,440.00p | Reiteration | 
| 10-Dec-21 | JP Morgan Cazenove | Overweight | 2,809.00p | - | 3,530.00p | Reiteration | 
| 06-Dec-21 | Barclays | Underweight | 2,771.00p | 3,000.00p | 2,500.00p | DownGrade | 
| 26-Nov-21 | Liberum Capital | Buy | 2,730.00p | - | - | Reiteration | 
| 22-Nov-21 | Berenberg Bank | Buy | 2,779.00p | 3,340.00p | 3,410.00p | Reiteration | 
| Currency | UK Pounds | 
| Share Price | 1,223.50p | 
| Change Today | 11.00p | 
| % Change | 0.91 % | 
| 52 Week High | 1,471.00 | 
| 52 Week Low | 1,037.50 | 
| Volume | 503,113 | 
| Shares Issued | 320.45m | 
| Market Cap | £3,920.70m | 
| RiskGrade | 168 | 
| Value | 
		 | 
		
|---|
| Price Trend | 
		 | 
		
|---|
| Income | 
		 | 
		
|---|
| Growth | 
		 | 
		
|---|
| Strong Buy | 9 | 
| Buy | 5 | 
| Neutral | 3 | 
| Sell | 1 | 
| Strong Sell | 0 | 
| Total | 18 | 

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 16-Oct-25 | 19-Jun-25 | 
| Paid | 07-Nov-25 | 11-Jul-25 | 
| Amount | 20.00p | 40.00p | 
| Time | Volume / Share Price | 
| 12:47 | 335 @ 1,223.50p | 
| 12:47 | 120 @ 1,223.50p | 
| 12:45 | 253 @ 1,223.00p | 
| 12:45 | 179 @ 1,223.50p | 
| 12:45 | 16 @ 1,223.50p | 
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