| Date | Broker | Recomm. | Old target price | New target price | Notes |
|---|---|---|---|---|---|
| 15/10/2025 | Berenberg Bank | hold | 5,200.00p | 5,200.00p | reiteration |
| 15/10/2025 | JP Morgan Cazenove | overweight | 6,170.00p | 6,100.00p | reiteration |
| 07/10/2025 | Berenberg Bank | buy | 4,700.00p | 5,200.00p | reiteration |
| 01/08/2025 | Berenberg Bank | hold | 4,700.00p | 4,700.00p | reiteration |
| 30/07/2025 | Deutsche | hold | 5,300.00p | 5,100.00p | downgrade |
| 31/07/2025 | JP Morgan Cazenove | overweight | 5,570.00p | 5,450.00p | reiteration |
| 30/07/2025 | RBC Capital Markets | sector perform | 4,700.00p | 4,900.00p | reiteration |
| 17/07/2025 | Berenberg Bank | hold | 4,700.00p | 4,700.00p | reiteration |
| 17/07/2025 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 17/07/2025 | RBC Capital Markets | sector perform | - | 4,700.00p | reiteration |
| 15/07/2025 | RBC Capital Markets | neutral | - | 4,700.00p | reiteration |
| 02/07/2025 | Berenberg Bank | hold | 6,200.00p | 4,700.00p | downgrade |
| 02/07/2025 | Deutsche | buy | 5,500.00p | 5,300.00p | reiteration |
| 16/04/2025 | Berenberg Bank | buy | - | 6,200.00p | reiteration |
| 20/02/2025 | JP Morgan Cazenove | not rated | - | - | reiteration |
| 20/02/2025 | Berenberg Bank | buy | - | 6,300.00p | reiteration |
| 11/12/2024 | Berenberg Bank | buy | - | 6,000.00p | reiteration |
| 06/12/2024 | Jefferies | buy | - | 6,400.00p | reiteration |
| 06/12/2024 | Citigroup | neutral | - | - | reiteration |
| 05/12/2024 | Citigroup | sector perform | 5,500.00p | 5,400.00p | reiteration |
| 15/10/2024 | Berenberg Bank | buy | - | 6,200.00p | reiteration |
| 09/09/2024 | Deutsche | buy | 6,200.00p | 6,000.00p | reiteration |
| 01/08/2024 | RBC Capital Markets | sector perform | - | 5,700.00p | reiteration |
| 01/08/2024 | JP Morgan Cazenove | overweight | 6,500.00p | 6,430.00p | reiteration |
| 17/07/2024 | JP Morgan Cazenove | overweight | - | 6,500.00p | reiteration |
| 26/06/2024 | Berenberg Bank | hold | 5,900.00p | 5,800.00p | downgrade |
| 26/06/2024 | Bank of America | buy | - | 7,700.00p | reiteration |
| 18/06/2024 | Deutsche | buy | - | 6,200.00p | reiteration |
| 17/06/2024 | Citigroup | neutral | - | - | reiteration |
| 12/06/2024 | Berenberg Bank | buy | - | 5,900.00p | reiteration |
| 07/05/2024 | Barclays | overweight | - | 6,000.00p | reiteration |
| 18/04/2024 | JP Morgan Cazenove | overweight | 6,630.00p | 6,610.00p | reiteration |
| 17/04/2024 | Berenberg Bank | buy | - | 5,900.00p | reiteration |
| 18/04/2024 | Deutsche | buy | - | 6,000.00p | reiteration |
| 17/04/2024 | Bank of America | buy | - | 7,700.00p | reiteration |
| 09/04/2024 | JP Morgan Cazenove | overweight | - | - | reiteration |
| 19/02/2024 | Berenberg Bank | buy | - | 6,200.00p | reiteration |
| 23/11/2023 | Berenberg Bank | buy | - | 6,000.00p | reiteration |
| 23/11/2023 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 10/10/2023 | Berenberg Bank | buy | 6,300.00p | 6,000.00p | reiteration |
| 10/10/2023 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 20/07/2023 | JP Morgan Cazenove | underweight | - | 5,390.00p | reiteration |
| 19/07/2023 | Berenberg Bank | buy | 6,400.00p | 6,100.00p | reiteration |
| 18/07/2023 | Barclays | equal-weight | - | 6,400.00p | reiteration |
| 18/07/2023 | Citigroup | buy | - | - | reiteration |
| 10/07/2023 | Barclays | equal-weight | 6,700.00p | 6,400.00p | reiteration |
| 03/07/2023 | Citigroup | buy | - | - | reiteration |
| 21/06/2023 | Morgan Stanley | overweight | 5,800.00p | 5,670.00p | reiteration |
| 06/06/2023 | JP Morgan Cazenove | underweight | - | - | reiteration |
| 05/06/2023 | Deutsche | buy | 6,200.00p | 6,000.00p | upgrade |
| 25/05/2023 | Berenberg Bank | buy | - | 6,600.00p | reiteration |
| 21/04/2023 | Berenberg Bank | buy | - | 6,600.00p | reiteration |
| 17/03/2023 | Deutsche | buy | - | 600.00p | reiteration |
| 17/03/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | reiteration |
| 09/03/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | reiteration |
| 28/02/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | reiteration |
| 22/02/2023 | Berenberg Bank | buy | - | 6,700.00p | reiteration |
| 22/02/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | new coverage |
| 16/02/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | reiteration |
| 01/02/2023 | JP Morgan Cazenove | underweight | - | 5,380.00p | reiteration |
| 23/01/2023 | Bank of America | buy | 6,900.00p | 7,400.00p | reiteration |
| 18/01/2023 | RBC Capital Markets | sector perform | - | 4,700.00p | reiteration |
| 17/01/2023 | JP Morgan Cazenove | underweight | - | 5,310.00p | reiteration |
| 02/12/2022 | Citigroup | neutral | - | - | downgrade |
| 05/12/2022 | Barclays | underweight | 4,300.00p | 4,300.00p | reiteration |
| 01/12/2022 | Deutsche | hold | 5,800.00p | 5,800.00p | reiteration |
| 01/12/2022 | Berenberg Bank | sell | 4,000.00p | 4,000.00p | reiteration |
| 23/11/2022 | Deutsche | hold | 5,700.00p | 5,800.00p | reiteration |
| 03/11/2022 | Barclays | overweight | 4,300.00p | 4,300.00p | reiteration |
| 03/11/2022 | Deutsche | hold | 5,700.00p | 5,700.00p | reiteration |
| 19/10/2022 | Barclays | underweight | 4,500.00p | 4,500.00p | reiteration |
| 19/10/2022 | Deutsche | hold | 5,700.00p | 5,700.00p | reiteration |
| 19/10/2022 | Berenberg Bank | sell | 4,000.00p | 4,000.00p | reiteration |
| 14/10/2022 | JP Morgan Cazenove | neutral | 5,580.00p | 5,450.00p | reiteration |
| 05/10/2022 | Deutsche | hold | 5,800.00p | 5,700.00p | reiteration |
| 06/10/2022 | Berenberg Bank | sell | 4,300.00p | 4,000.00p | reiteration |
| 26/09/2022 | JP Morgan Cazenove | neutral | 5,350.00p | 5,580.00p | reiteration |
| 02/09/2022 | Barclays | underweight | 4,500.00p | 4,500.00p | reiteration |
| 01/09/2022 | Berenberg Bank | sell | 4,300.00p | 4,300.00p | reiteration |
| 25/08/2022 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 28/07/2022 | JP Morgan Cazenove | neutral | 5,300.00p | 5,350.00p | reiteration |
| 28/07/2022 | Citigroup | buy | 6,000.00p | 6,000.00p | reiteration |
| 28/07/2022 | RBC Capital Markets | sector perform | 4,900.00p | 4,700.00p | reiteration |
| 28/07/2022 | Berenberg Bank | sell | 4,100.00p | 4,300.00p | reiteration |
| 18/07/2022 | JP Morgan Cazenove | neutral | 5,420.00p | 5,300.00p | reiteration |
| 18/07/2022 | Deutsche | hold | 5,800.00p | 580.00p | reiteration |
| 18/07/2022 | Berenberg Bank | sell | 4,200.00p | 4,100.00p | reiteration |
| 08/07/2022 | Barclays | underweight | 4,800.00p | 4,500.00p | reiteration |
| 07/07/2022 | Berenberg Bank | sell | 6,500.00p | 4,200.00p | downgrade |
| 04/07/2022 | JP Morgan Cazenove | neutral | 5,730.00p | 5,420.00p | reiteration |
| 29/06/2022 | Berenberg Bank | hold | 6,500.00p | 6,500.00p | reiteration |
| 14/06/2022 | Berenberg Bank | hold | - | 65.00p | reiteration |
| 23/05/2022 | Berenberg Bank | hold | - | 6,500.00p | reiteration |
| 19/05/2022 | Deutsche | hold | - | 6,000.00p | reiteration |
| 16/05/2022 | RBC Capital Markets | sector perform | - | 5,500.00p | reiteration |
| 16/05/2022 | Barclays | underweight | - | 4,800.00p | reiteration |
| 12/05/2022 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 11/05/2022 | Deutsche | hold | 6,100.00p | 6,000.00p | reiteration |
| 11/05/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 09/05/2022 | Berenberg Bank | hold | - | 6,500.00p | reiteration |