| Date | Broker name | New | Price | Old price target | New price target | Broker change | 
|---|---|---|---|---|---|---|
| 30-Oct-25 | Berenberg Bank | Hold | 365.35p | 350.00p | 350.00p | Reiteration | 
| 10-Oct-25 | JP Morgan Cazenove | Neutral | 345.85p | - | 400.00p | Reiteration | 
| 07-Oct-25 | Berenberg Bank | Hold | 356.60p | 350.00p | 350.00p | DownGrade | 
| 20-Aug-25 | Berenberg Bank | Buy | 291.70p | 350.00p | 350.00p | Reiteration | 
| 18-Aug-25 | RBC Capital Markets | Outperform | 288.25p | - | 350.00p | Reiteration | 
| 14-Aug-25 | Citigroup | Buy | 294.50p | 370.00p | 380.00p | Reiteration | 
| 12-Aug-25 | Deutsche | Buy | - | 400.00p | 380.00p | Reiteration | 
| 01-Aug-25 | Citigroup | Buy | 300.35p | 350.00p | 370.00p | Reiteration | 
| 31-Jul-25 | Deutsche | Buy | - | - | 400.00p | Reiteration | 
| 31-Jul-25 | RBC Capital Markets | Outperform | - | 350.00p | 350.00p | Reiteration | 
| 30-Jul-25 | Berenberg Bank | Buy | 311.70p | 330.00p | 350.00p | Reiteration | 
| 03-Jul-25 | Berenberg Bank | Buy | 306.20p | 380.00p | 330.00p | Reiteration | 
| 02-Jul-25 | RBC Capital Markets | Outperform | 306.00p | 380.00p | 360.00p | Reiteration | 
| 30-Apr-25 | Berenberg Bank | Buy | 244.40p | 400.00p | 380.00p | Reiteration | 
| 10-Mar-25 | Berenberg Bank | Buy | 315.30p | - | 380.00p | New Coverage | 
| 20-Feb-25 | Deutsche | Buy | 325.55p | - | 480.00p | Reiteration | 
| 20-Feb-25 | RBC Capital Markets | Outperform | 325.55p | 480.00p | 440.00p | Reiteration | 
| 18-Feb-25 | Morgan Stanley | Overweight | 353.55p | - | 470.00p | Upgrade | 
| 12-Dec-24 | Citigroup | Top Pick | 377.90p | - | - | Reiteration | 
| 09-Sep-24 | Deutsche | Buy | 370.05p | 530.00p | 500.00p | Reiteration | 
| 26-Jun-24 | Bank of America | Buy | 454.20p | - | 500.00p | Reiteration | 
| 01-May-24 | Barclays | Equal-weight | 466.50p | - | 515.00p | Reiteration | 
| 01-May-24 | Jefferies | Buy | 466.50p | - | 550.00p | Reiteration | 
| 09-Nov-23 | JP Morgan Cazenove | Not Rated | 429.70p | - | - | Reiteration | 
| 28-Sep-23 | Deutsche | Buy | 461.00p | - | 560.00p | Reiteration | 
| 05-Sep-23 | Deutsche | Buy | 432.20p | - | - | Reiteration | 
| 06-Jul-23 | Deutsche | Buy | 432.75p | - | 560.00p | Reiteration | 
| 22-Jun-23 | Jefferies | Buy | 446.00p | - | 550.00p | Reiteration | 
| 21-Jun-23 | Morgan Stanley | Equal-weight | 452.00p | 590.00p | 560.00p | Reiteration | 
| 14-Jun-23 | Deutsche | Buy | 470.35p | - | 560.00p | Reiteration | 
| 05-Jun-23 | Deutsche | Buy | 430.10p | 575.00p | 560.00p | Reiteration | 
| 24-Apr-23 | JP Morgan Cazenove | Overweight | 486.35p | 620.00p | 610.00p | Reiteration | 
| 24-Apr-23 | Deutsche | Buy | 486.35p | - | 575.00p | Reiteration | 
| 04-Apr-23 | Deutsche | Buy | 460.05p | - | 575.00p | Reiteration | 
| 20-Mar-23 | UBS | Buy | 449.35p | - | 560.00p | Upgrade | 
| 17-Mar-23 | Deutsche | Buy | 432.65p | - | 575.00p | Reiteration | 
| 13-Mar-23 | JP Morgan Cazenove | Overweight | 458.70p | 630.00p | 620.00p | Reiteration | 
| 28-Feb-23 | JP Morgan Cazenove | Overweight | 495.35p | 640.00p | 630.00p | Reiteration | 
| 21-Feb-23 | Citigroup | Buy | 503.30p | - | 650.00p | Reiteration | 
| 16-Feb-23 | JP Morgan Cazenove | Overweight | 507.40p | 650.00p | 640.00p | Reiteration | 
| 16-Feb-23 | Credit Suisse | Outperform | 507.40p | 625.00p | 675.00p | Reiteration | 
| 15-Feb-23 | AlphaValue | Add | 507.80p | - | - | DownGrade | 
| 08-Feb-23 | RBC Capital Markets | Outperform | 546.90p | 520.00p | 540.00p | Reiteration | 
| 07-Feb-23 | Credit Suisse | Top Pick | 550.80p | - | - | Reiteration | 
| 02-Feb-23 | Credit Suisse | Outperform | 545.60p | - | 675.00p | Reiteration | 
| 02-Feb-23 | Barclays | Overweight | 545.60p | - | 600.00p | Reiteration | 
| 16-Jan-23 | Citigroup | Top Pick | 552.50p | - | - | Reiteration | 
| 05-Jan-23 | Credit Suisse | Outperform | 514.00p | 700.00p | 700.00p | Reiteration | 
| 07-Dec-22 | Deutsche | Buy | 540.30p | 560.00p | 560.00p | Reiteration | 
| 07-Dec-22 | Barclays | Overweight | 540.30p | 680.00p | 625.00p | Reiteration | 
| Currency | UK Pounds | 
| Share Price | 347.65p | 
| Change Today | -9.10p | 
| % Change | -2.55 % | 
| 52 Week High | 415.40p | 
| 52 Week Low | 230.05p | 
| Volume | 7,783,274 | 
| Shares Issued | 11,804m | 
| Market Cap | £41,038m | 
| Value | 
		 | 
		
|---|
| Price Trend | 
		 | 
		
|---|
| Income | 
		 | 
		
|---|
| Growth | 
		 | 
		
|---|
| Strong Buy | 7 | 
| Buy | 5 | 
| Neutral | 5 | 
| Sell | 0 | 
| Strong Sell | 0 | 
| Total | 17 | 

| Latest | Previous | |
|---|---|---|
| 2nd Interim | 1st Interim | |
| Ex-Div | 28-Aug-25 | 01-May-25 | 
| Paid | 19-Sep-25 | 04-Jun-25 | 
| Amount | 5.00¢ | 5.00¢ | 
| Time | Volume / Share Price | 
| 12:05 | 200 @ 347.70p | 
| 12:05 | 48 @ 347.65p | 
| 12:05 | 110 @ 347.65p | 
| 12:05 | 3,308 @ 347.65p | 
| 12:05 | 1,478 @ 347.65p | 
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