| Date | Broker | Recomm. | Old target price | New target price | Notes |
|---|---|---|---|---|---|
| 08/09/2025 | Berenberg Bank | buy | 5,000.00p | 5,000.00p | reiteration |
| 15/08/2025 | UBS | buy | - | 4,965.00p | reiteration |
| 09/07/2025 | RBC Capital Markets | outperform | 4,550.00p | 4,900.00p | upgrade |
| 05/12/2024 | JP Morgan Cazenove | neutral | 5,000.00p | 4,700.00p | reiteration |
| 23/10/2024 | JP Morgan Cazenove | neutral | - | 5,000.00p | reiteration |
| 05/07/2024 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 12/04/2024 | RBC Capital Markets | underperform | - | 4,950.00p | downgrade |
| 12/04/2024 | JP Morgan Cazenove | neutral | - | - | downgrade |
| 14/12/2023 | Peel Hunt Limited | hold | - | 4,450.00p | downgrade |
| 11/09/2023 | Barclays | overweight | - | 4,350.00p | reiteration |
| 08/09/2023 | Peel Hunt Limited | add | - | 3,900.00p | reiteration |
| 04/07/2023 | JP Morgan Cazenove | overweight | 4,800.00p | 4,400.00p | reiteration |
| 22/06/2023 | Berenberg Bank | buy | - | 5,100.00p | reiteration |
| 22/06/2023 | Jefferies | hold | 4,651.00p | 4,474.00p | reiteration |
| 22/06/2023 | Barclays | overweight | - | 4,350.00p | reiteration |
| 22/06/2023 | JP Morgan Cazenove | overweight | - | 4,800.00p | reiteration |
| 12/06/2023 | UBS | buy | 4,450.00p | 4,580.00p | reiteration |
| 11/05/2023 | Berenberg Bank | buy | 4,500.00p | 5,100.00p | reiteration |
| 18/04/2023 | JP Morgan Cazenove | overweight | 4,500.00p | 4,800.00p | reiteration |
| 13/02/2023 | Jefferies | hold | - | - | reiteration |
| 13/02/2023 | Liberum Capital | buy | - | 4,750.00p | reiteration |
| 12/12/2022 | Deutsche | hold | 3,807.00p | 3,807.00p | reiteration |
| 12/12/2022 | Berenberg Bank | buy | 4,500.00p | 4,500.00p | reiteration |
| 20/10/2022 | Deutsche | hold | 5,535.00p | 3,807.00p | downgrade |
| 21/09/2022 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 12/09/2022 | Berenberg Bank | buy | 4,120.00p | 4,500.00p | upgrade |
| 23/06/2022 | Citigroup | buy | 4,665.00p | 4,665.00p | reiteration |
| 23/06/2022 | Deutsche | buy | 5,535.00p | 5,535.00p | reiteration |
| 25/05/2022 | Liberum Capital | buy | - | 4,450.00p | reiteration |
| 25/03/2022 | JP Morgan Cazenove | overweight | 5,540.00p | 5,300.00p | reiteration |
| 14/03/2022 | Liberum Capital | buy | - | 4,550.00p | reiteration |
| 14/03/2022 | Deutsche | buy | - | 5,429.00p | reiteration |
| 08/02/2022 | Deutsche | buy | - | - | reiteration |
| 31/01/2022 | Berenberg Bank | hold | 4,120.00p | 4,120.00p | reiteration |
| 28/01/2022 | Barclays | equal-weight | - | 4,700.00p | reiteration |
| 25/01/2022 | Deutsche | buy | - | 5,429.00p | reiteration |
| 20/01/2022 | Morgan Stanley | underweight | 4,750.00p | 4,550.00p | reiteration |
| 17/01/2022 | Barclays | equal-weight | - | 4,700.00p | reiteration |
| 14/01/2022 | Deutsche | buy | 4,555.00p | 5,429.00p | upgrade |
| 16/12/2021 | Liberum Capital | buy | - | 5,100.00p | reiteration |
| 10/12/2021 | Citigroup | buy | 5,260.00p | 5,260.00p | reiteration |
| 10/12/2021 | JP Morgan Cazenove | overweight | 5,500.00p | 5,540.00p | reiteration |
| 10/12/2021 | Barclays | equal-weight | 4,460.00p | 4,700.00p | reiteration |
| 08/12/2021 | Peel Hunt Limited | add | - | 4,950.00p | reiteration |
| 08/12/2021 | Liberum Capital | hold | 4,450.00p | 4,450.00p | reiteration |
| 02/12/2021 | JP Morgan Cazenove | overweight | 5,848.00p | 5,500.00p | reiteration |
| 22/11/2021 | Berenberg Bank | hold | 4,640.00p | 4,120.00p | reiteration |
| 19/10/2021 | Deutsche | hold | - | - | reiteration |
| 23/06/2021 | Numis | hold | - | 4,566.00p | reiteration |
| 23/06/2021 | Canaccord Genuity | buy | - | 5,230.00p | reiteration |
| 10/05/2021 | JP Morgan Cazenove | overweight | 5,100.00p | 5,400.00p | upgrade |