| Date | Broker name | New | Price | Old price target | New price target | Broker change | 
|---|---|---|---|---|---|---|
| 29-Aug-25 | RBC Capital Markets | Outperform | 203.20p | 215.00p | 260.00p | Reiteration | 
| 13-Aug-25 | Berenberg Bank | Buy | 232.00p | 270.00p | 270.00p | Reiteration | 
| 01-Jul-25 | Berenberg Bank | Buy | 210.60p | 255.00p | 270.00p | Reiteration | 
| 08-Apr-24 | RBC Capital Markets | Outperform | 187.60p | - | 215.00p | Reiteration | 
| 10-Jul-23 | RBC Capital Markets | Sector perform | 131.20p | 190.00p | 155.00p | Reiteration | 
| 09-Mar-23 | RBC Capital Markets | Sector perform | 188.80p | 150.00p | 190.00p | Reiteration | 
| 22-Aug-22 | Berenberg Bank | Buy | 158.00p | 310.00p | 255.00p | Reiteration | 
| 10-Aug-22 | Barclays | Overweight | 175.00p | 300.00p | 230.00p | Reiteration | 
| 09-May-22 | Berenberg Bank | Buy | 222.10p | 310.00p | 310.00p | Upgrade | 
| 24-Mar-22 | RBC Capital Markets | Sector perform | 256.50p | - | 300.00p | Reiteration | 
| 09-Mar-22 | Barclays | Overweight | 261.10p | 330.00p | 330.00p | Reiteration | 
| 04-Nov-21 | Berenberg Bank | Hold | 305.50p | 310.00p | 310.00p | Reiteration | 
| 02-Nov-21 | Barclays | Overweight | 307.50p | 330.00p | 330.00p | Reiteration | 
| 19-Aug-21 | Berenberg Bank | Hold | 298.70p | 370.00p | 310.00p | Reiteration | 
| 11-Aug-21 | Barclays | Overweight | 310.00p | 350.00p | 330.00p | Reiteration | 
| 29-Jun-21 | Citigroup | Hold | 307.70p | - | 315.00p | Reiteration | 
| 29-Jun-21 | Numis | Add | 307.70p | - | 400.00p | Reiteration | 
| 09-Jun-21 | Credit Suisse | Outperform | 310.80p | 395.00p | 360.00p | Reiteration | 
| 09-Jun-21 | RBC Capital Markets | Sector perform | 310.80p | 330.00p | 300.00p | Reiteration | 
| 07-Jun-21 | Peel Hunt Limited | Hold | 328.90p | 340.00p | 300.00p | Reiteration | 
| 27-Apr-21 | Berenberg Bank | Hold | 359.80p | 370.00p | 370.00p | Reiteration | 
| 11-Mar-21 | RBC Capital Markets | Sector perform | 349.20p | 300.00p | 330.00p | Reiteration | 
| 10-Mar-21 | Berenberg Bank | Hold | 356.80p | 425.00p | 370.00p | DownGrade | 
| 21-Jan-21 | Barclays | Overweight | 311.00p | - | 340.00p | New Coverage | 
| 19-Nov-20 | Barclays | Overweight | 355.20p | - | 340.00p | Reiteration | 
| 19-Nov-20 | Berenberg Bank | Buy | 355.20p | 350.00p | 425.00p | Reiteration | 
| 03-Nov-20 | Peel Hunt Limited | Hold | 277.20p | - | 239.00p | Reiteration | 
| 11-Aug-20 | Berenberg Bank | Hold | 273.00p | 130.00p | 260.00p | Reiteration | 
| 03-Jun-20 | Credit Suisse | Outperform | 303.40p | 238.00p | 350.00p | Reiteration | 
| 28-May-20 | Berenberg Bank | Hold | 299.60p | 130.00p | 130.00p | Reiteration | 
| 28-May-20 | JP Morgan Cazenove | Neutral | 299.60p | - | - | Reiteration | 
| 07-Jan-20 | Credit Suisse | Outperform | 441.50p | 515.00p | 440.00p | Reiteration | 
| 25-Oct-19 | Peel Hunt Limited | Buy | 385.80p | - | 460.00p | Reiteration | 
| 16-Aug-19 | RBC Capital Markets | Sector perform | 411.50p | 260.00p | 450.00p | Reiteration | 
| 09-Aug-19 | Credit Suisse | Outperform | 417.00p | 398.00p | 440.00p | Reiteration | 
| 01-May-19 | Peel Hunt Limited | Buy | 340.80p | - | 400.00p | Reiteration | 
| 15-Apr-19 | Credit Suisse | Outperform | 334.00p | 200.00p | 328.00p | Upgrade | 
| 15-Apr-19 | RBC Capital Markets | Sector perform | 334.00p | 260.00p | 260.00p | Reiteration | 
| 15-Apr-19 | Peel Hunt Limited | Buy | 334.00p | 351.00p | 400.00p | Reiteration | 
| 18-Mar-19 | RBC Capital Markets | Sector perform | 262.00p | 200.00p | 260.00p | Upgrade | 
| 06-Mar-19 | Peel Hunt Limited | Hold | 239.00p | 220.00p | 190.00p | Reiteration | 
| 18-Sep-18 | Credit Suisse | Underperform | 213.60p | 245.00p | 200.00p | DownGrade | 
| 30-Aug-18 | RBC Capital Markets | Underperform | 236.30p | - | - | DownGrade | 
| 08-Aug-18 | Berenberg Bank | Hold | 236.00p | 240.00p | 220.00p | Reiteration | 
| 14-May-18 | RBC Capital Markets | Sector perform | 309.50p | 220.00p | 220.00p | Reiteration | 
| 12-Mar-18 | Credit Suisse | Neutral | 248.00p | 250.00p | 260.00p | Reiteration | 
| 12-Mar-18 | Berenberg Bank | Hold | 248.00p | 230.00p | 240.00p | Reiteration | 
| 05-Feb-18 | Credit Suisse | Neutral | 227.20p | 250.00p | 250.00p | Reiteration | 
| 02-Feb-18 | Numis | Hold | 225.00p | 220.00p | 220.00p | Reiteration | 
| 02-Nov-17 | Numis | Hold | 218.00p | 200.00p | 200.00p | Reiteration | 
| Currency | UK Pounds | 
| Share Price | 215.40p | 
| Change Today | -4.80p | 
| % Change | -2.18 % | 
| 52 Week High | 242.80p | 
| 52 Week Low | 148.60p | 
| Volume | 664,018 | 
| Shares Issued | 999.47m | 
| Market Cap | £2,152.85m | 
| RiskGrade | 213 | 
| Value | ![]()  | 
				
|---|
| Price Trend | ![]()  | 
				
|---|
| Income | ![]()  | 
				
|---|
| Growth | ![]()  | 
				
|---|
| Strong Buy | 4 | 
| Buy | 2 | 
| Neutral | 2 | 
| Sell | 0 | 
| Strong Sell | 0 | 
| Total | 8 | 

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 18-Sep-25 | 01-May-25 | 
| Paid | 17-Oct-25 | 30-May-25 | 
| Amount | 0.45¢ | 0.90¢ | 
| Time | Volume / Share Price | 
| 11:07 | 908 @ 215.40p | 
| 11:07 | 1,741 @ 215.40p | 
| 11:07 | 149 @ 215.40p | 
| 11:04 | 495 @ 215.40p | 
| 11:04 | 1,175 @ 215.40p | 
| Chair | Douglas Sutherland | 
| CEO | Mark Dixon | 
| CFO | Charlie Steel | 
You are here: research