| Date | Broker | Recomm. | Old target price | New target price | Notes |
|---|---|---|---|---|---|
| 21/10/2025 | RBC Capital Markets | overweight | - | - | reiteration |
| 17/10/2025 | UBS | buy | - | 4,570.00p | reiteration |
| 25/07/2025 | Deutsche | hold | 3,909.00p | 4,072.00p | reiteration |
| 25/07/2025 | JP Morgan Cazenove | overweight | 4,890.00p | 4,920.00p | reiteration |
| 11/07/2025 | JP Morgan Cazenove | overweight | 4,630.00p | 4.00p | reiteration |
| 18/02/2025 | JP Morgan Cazenove | overweight | - | 4,770.00p | reiteration |
| 07/01/2025 | JP Morgan Cazenove | overweight | - | 4,550.00p | reiteration |
| 05/12/2024 | JP Morgan Cazenove | overweight | - | 4,550.00p | reiteration |
| 04/07/2024 | Citigroup | neutral | - | - | reiteration |
| 29/03/2024 | Berenberg Bank | hold | 3,300.00p | 3,500.00p | downgrade |
| 16/02/2024 | JP Morgan Cazenove | overweight | 3,770.00p | 4,100.00p | reiteration |
| 05/01/2024 | Berenberg Bank | buy | 3,270.00p | 3,300.00p | reiteration |
| 10/11/2023 | Berenberg Bank | buy | - | 3,270.00p | reiteration |
| 03/10/2023 | Barclays | equal-weight | 2,770.00p | 2,860.00p | reiteration |
| 27/09/2023 | Berenberg Bank | buy | - | 3,270.00p | new coverage |
| 13/09/2023 | JP Morgan Cazenove | overweight | 3,100.00p | 3,170.00p | reiteration |
| 08/09/2023 | Barclays | equal-weight | - | 2,770.00p | reiteration |
| 05/09/2023 | Investec Securities | buy | - | 2,850.00p | upgrade |
| 03/07/2023 | Barclays | equal-weight | 2,585.00p | 2,700.00p | reiteration |
| 13/06/2023 | Barclays | equal-weight | - | 2,585.00p | reiteration |
| 15/03/2023 | JP Morgan Cazenove | overweight | 2,810.00p | 2,840.00p | reiteration |
| 16/02/2023 | Numis | hold | - | 2,150.00p | reiteration |
| 31/01/2023 | Barclays | equal-weight | - | 2,585.00p | downgrade |
| 19/01/2023 | Goldman Sachs | neutral | - | 2,863.00p | downgrade |
| 10/11/2022 | Barclays | overweight | 2,785.00p | 2,785.00p | reiteration |
| 24/10/2022 | JP Morgan Cazenove | overweight | 2,840.00p | 2,710.00p | reiteration |
| 21/10/2022 | Barclays | overweight | 2,785.00p | 2,785.00p | reiteration |
| 21/10/2022 | Credit Suisse | outperform | 2,828.00p | 2,828.00p | reiteration |
| 21/10/2022 | Berenberg Bank | hold | 2,330.00p | 2,330.00p | reiteration |
| 05/10/2022 | Deutsche | hold | 2,200.00p | 2,000.00p | reiteration |
| 27/09/2022 | JP Morgan Cazenove | overweight | 2,800.00p | 2,840.00p | reiteration |
| 23/09/2022 | Berenberg Bank | hold | 2,330.00p | 2,330.00p | reiteration |
| 31/08/2022 | Barclays | overweight | 2,650.00p | 2,650.00p | reiteration |
| 13/07/2022 | Barclays | overweight | 2,605.00p | 2,600.00p | reiteration |
| 13/07/2022 | Berenberg Bank | hold | 2,230.00p | 2,230.00p | reiteration |
| 11/05/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 14/04/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 09/03/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 11/02/2022 | Berenberg Bank | hold | 2,300.00p | 2,330.00p | reiteration |
| 11/02/2022 | Barclays | overweight | 2,605.00p | 2,605.00p | reiteration |
| 09/02/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 08/02/2022 | Deutsche | hold | - | - | reiteration |
| 28/01/2022 | Barclays | overweight | 2,540.00p | 2,605.00p | reiteration |
| 25/01/2022 | Deutsche | hold | - | 1,790.00p | reiteration |
| 10/12/2021 | JP Morgan Cazenove | overweight | 2,300.00p | 2,670.00p | reiteration |
| 17/11/2021 | Berenberg Bank | hold | 1,816.00p | 2,300.00p | reiteration |
| 22/10/2021 | Barclays | overweight | 2,500.00p | 2,540.00p | reiteration |
| 19/10/2021 | Deutsche | hold | - | - | reiteration |
| 08/10/2021 | Barclays | overweight | 2,390.00p | 2,500.00p | reiteration |
| 30/07/2021 | Barclays | overweight | 2,235.00p | 2,390.00p | reiteration |
| 30/07/2021 | JP Morgan Cazenove | overweight | 2,050.00p | 2,300.00p | reiteration |
| 05/07/2021 | Citigroup | buy | - | 2,300.00p | reiteration |
| 23/06/2021 | JP Morgan Cazenove | overweight | 2,026.00p | 2,050.00p | reiteration |