| Date | Broker | Recomm. | Old target price | New target price | Notes |
|---|---|---|---|---|---|
| 15/10/2025 | JP Morgan Cazenove | overweight | 27,300.00p | 27,100.00p | reiteration |
| 08/10/2025 | Berenberg Bank | buy | 24,700.00p | 24,200.00p | reiteration |
| 15/08/2025 | Berenberg Bank | buy | 24,700.00p | 24,700.00p | reiteration |
| 14/08/2025 | Citigroup | buy | 25,200.00p | 27,500.00p | reiteration |
| 08/08/2025 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 11/07/2025 | Berenberg Bank | buy | 24,700.00p | 24,700.00p | reiteration |
| 10/07/2025 | JP Morgan Cazenove | overweight | 26,800.00p | 27,100.00p | reiteration |
| 02/07/2025 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 02/07/2025 | Citigroup | buy | 250.00p | 252.00p | reiteration |
| 14/03/2025 | Berenberg Bank | buy | - | 24,700.00p | reiteration |
| 24/10/2024 | Berenberg Bank | buy | 18,800.00p | 20,300.00p | reiteration |
| 17/09/2024 | Shore Capital | hold | - | - | reiteration |
| 23/08/2024 | Berenberg Bank | buy | 18,600.00p | 18,800.00p | reiteration |
| 14/08/2024 | Shore Capital | hold | - | - | reiteration |
| 12/06/2024 | JP Morgan Cazenove | overweight | 21,300.00p | 20,700.00p | reiteration |
| 28/05/2024 | Jefferies | buy | - | 22,000.00p | reiteration |
| 15/05/2024 | JP Morgan Cazenove | overweight | - | 21,300.00p | reiteration |
| 30/04/2024 | JP Morgan Cazenove | overweight | - | 21,300.00p | upgrade |
| 18/04/2024 | JP Morgan Cazenove | overweight | - | 21,300.00p | reiteration |
| 16/04/2024 | Deutsche | buy | 17,154.00p | 17,589.00p | reiteration |
| 04/04/2024 | JP Morgan Cazenove | overweight | - | 21,300.00p | reiteration |
| 18/12/2023 | Jefferies | buy | - | 19,500.00p | reiteration |
| 24/11/2023 | Barclays | equal-weight | 160.00p | 153.00p | reiteration |
| 20/11/2023 | JP Morgan Cazenove | neutral | 17,100.00p | 15,700.00p | reiteration |
| 09/11/2023 | Shore Capital | hold | - | - | reiteration |
| 26/09/2023 | Berenberg Bank | buy | 16,000.00p | 16,900.00p | reiteration |
| 05/06/2023 | Barclays | equal-weight | - | 155.00p | reiteration |
| 03/05/2023 | Shore Capital | hold | - | - | reiteration |
| 13/03/2023 | Berenberg Bank | buy | 13,800.00p | 16,000.00p | reiteration |
| 02/03/2023 | Shore Capital | hold | - | - | reiteration |
| 14/02/2023 | Numis | reduce | - | 10,200.00p | reiteration |
| 17/11/2022 | Barclays | equal-weight | 11,000.00p | 11,000.00p | reiteration |
| 17/11/2022 | JP Morgan Cazenove | overweight | 13,600.00p | 14,800.00p | reiteration |
| 10/11/2022 | Deutsche | buy | 15,147.00p | 15,147.00p | reiteration |
| 09/11/2022 | Shore Capital | hold | - | - | reiteration |
| 07/11/2022 | Barclays | equal-weight | 11,000.00p | 11,000.00p | reiteration |
| 19/10/2022 | Barclays | equal-weight | 138.00p | 110.00p | downgrade |
| 12/10/2022 | Citigroup | neutral | - | - | reiteration |
| 04/10/2022 | Shore Capital | hold | - | - | reiteration |
| 03/10/2022 | JP Morgan Cazenove | overweight | 12,800.00p | 13,600.00p | reiteration |
| 03/10/2022 | Deutsche | buy | 13,820.00p | 13,500.00p | reiteration |
| 15/08/2022 | JP Morgan Cazenove | overweight | 12,600.00p | 12,800.00p | reiteration |
| 15/08/2022 | Barclays | overweight | 13,800.00p | 13,800.00p | reiteration |
| 15/08/2022 | Deutsche | buy | 13,820.00p | 13,820.00p | reiteration |
| 12/08/2022 | Shore Capital | hold | - | - | reiteration |
| 28/07/2022 | JP Morgan Cazenove | overweight | 12,600.00p | 12,600.00p | reiteration |
| 15/07/2022 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 15/07/2022 | Barclays | overweight | 13,800.00p | 13,800.00p | reiteration |
| 07/07/2022 | JP Morgan Cazenove | not rated | - | - | reiteration |
| 09/06/2022 | Citigroup | buy | 145.00p | 152.00p | reiteration |
| 21/06/2022 | Deutsche | buy | - | - | reiteration |
| 16/05/2022 | Berenberg Bank | buy | - | 13,800.00p | reiteration |
| 06/05/2022 | Deutsche | buy | - | 13,450.00p | reiteration |
| 04/05/2022 | Barclays | overweight | - | 13,800.00p | reiteration |
| 04/05/2022 | Shore Capital | hold | - | - | reiteration |
| 21/04/2022 | JP Morgan Cazenove | overweight | - | 15,990.00p | reiteration |
| 13/04/2022 | Barclays | overweight | - | 13,800.00p | reiteration |
| 16/03/2022 | Berenberg Bank | buy | 15,500.00p | 13,800.00p | reiteration |
| 04/03/2022 | Barclays | overweight | - | 14,000.00p | reiteration |
| 02/03/2022 | Deutsche | buy | 15,674.00p | 13,450.00p | reiteration |
| 01/03/2022 | Shore Capital | hold | - | - | reiteration |
| 21/02/2022 | Barclays | overweight | 17,500.00p | 14,000.00p | reiteration |
| 15/02/2022 | JP Morgan Cazenove | overweight | 17,190.00p | 17,010.00p | reiteration |
| 08/02/2022 | Deutsche | buy | - | - | reiteration |
| 07/02/2022 | Barclays | overweight | - | 17,500.00p | reiteration |
| 25/01/2022 | Deutsche | buy | - | 15,674.00p | reiteration |
| 17/01/2022 | Berenberg Bank | buy | 15,000.00p | 15,500.00p | reiteration |
| 13/01/2022 | Barclays | overweight | - | 17,500.00p | reiteration |
| 12/01/2022 | Deutsche | buy | 17,135.00p | 15,674.00p | reiteration |
| 11/01/2022 | Citigroup | buy | - | - | upgrade |
| 01/12/2021 | Berenberg Bank | buy | - | 15,000.00p | reiteration |
| 19/11/2021 | JP Morgan Cazenove | overweight | 17,090.00p | 17,190.00p | reiteration |
| 18/11/2021 | Peel Hunt Limited | buy | 17,000.00p | 17,000.00p | reiteration |
| 15/11/2021 | Barclays | overweight | 17,500.00p | 17,500.00p | reiteration |
| 04/11/2021 | Berenberg Bank | buy | 15,800.00p | 15,000.00p | upgrade |
| 03/11/2021 | Deutsche | buy | 17,987.00p | 17,135.00p | reiteration |
| 02/11/2021 | Barclays | overweight | - | 17,500.00p | reiteration |
| 19/10/2021 | Deutsche | buy | - | - | reiteration |
| 26/08/2021 | Barclays | overweight | 17,500.00p | 17,500.00p | reiteration |
| 25/08/2021 | Berenberg Bank | hold | 14,700.00p | 15,800.00p | reiteration |
| 11/08/2021 | Deutsche | buy | 16,257.00p | 17,004.00p | reiteration |
| 11/08/2021 | RBC Capital Markets | outperform | 16,000.00p | 17,500.00p | reiteration |
| 11/08/2021 | JP Morgan Cazenove | overweight | 16,290.00p | 17,250.00p | reiteration |
| 10/08/2021 | Shore Capital | hold | - | - | reiteration |
| 28/07/2021 | Citigroup | sell | - | 11,700.00p | reiteration |
| 05/07/2021 | Deutsche | buy | 16,285.00p | 16,257.00p | upgrade |
| 12/05/2021 | Numis | reduce | - | 13,100.00p | reiteration |
| 05/05/2021 | Berenberg Bank | hold | 14,300.00p | 14,700.00p | reiteration |