| Date | Broker | Recomm. | Old target price | New target price | Notes |
|---|---|---|---|---|---|
| 12/07/2024 | Citigroup | neutral | - | 70.00p | reiteration |
| 15/05/2024 | Barclays | equal-weight | 80.00p | 85.00p | reiteration |
| 20/03/2024 | Citigroup | neutral | - | 68.00p | reiteration |
| 20/12/2023 | Barclays | equal-weight | - | 92.00p | reiteration |
| 29/11/2023 | Barclays | equal-weight | - | 90.00p | reiteration |
| 06/11/2023 | Barclays | equal-weight | - | 95.00p | reiteration |
| 05/10/2023 | Citigroup | neutral | - | - | restart coverage |
| 08/06/2023 | Barclays | equal-weight | - | 115.00p | reiteration |
| 30/05/2023 | Berenberg Bank | hold | - | 95.00p | reiteration |
| 30/05/2023 | Citigroup | neutral | - | - | reiteration |
| 17/05/2023 | Barclays | equal-weight | 110.00p | 100.00p | reiteration |
| 04/04/2023 | Citigroup | neutral | - | - | restart coverage |
| 14/02/2023 | Numis | buy | - | 130.00p | reiteration |
| 14/02/2023 | Deutsche | buy | - | 195.00p | new coverage |
| 02/02/2023 | Barclays | equal-weight | 120.00p | 115.00p | reiteration |
| 02/02/2023 | JP Morgan Cazenove | neutral | 97.00p | 95.00p | reiteration |
| 02/02/2023 | Credit Suisse | underperform | - | 90.00p | reiteration |
| 01/02/2023 | Numis | buy | - | 130.00p | reiteration |
| 20/01/2023 | Barclays | equal-weight | 115.00p | 120.00p | reiteration |
| 05/01/2023 | Barclays | equal-weight | 110.00p | 115.00p | reiteration |
| 18/11/2022 | Barclays | equal-weight | 120.00p | 110.00p | reiteration |
| 10/11/2022 | Deutsche | buy | 215.00p | 215.00p | reiteration |
| 18/10/2022 | Barclays | overweight | 120.00p | 120.00p | reiteration |
| 10/10/2022 | Berenberg Bank | hold | 135.00p | 115.00p | reiteration |
| 06/10/2022 | JP Morgan Cazenove | neutral | 165.00p | 120.00p | reiteration |
| 04/10/2022 | Barclays | equal-weight | 120.00p | 120.00p | reiteration |
| 26/09/2022 | Barclays | overweight | 160.00p | 150.00p | reiteration |
| 22/09/2022 | Deutsche | buy | 255.00p | 215.00p | reiteration |
| 26/07/2022 | Barclays | equal-weight | 140.00p | 140.00p | reiteration |
| 26/07/2022 | JP Morgan Cazenove | neutral | 168.00p | 165.00p | reiteration |
| 26/07/2022 | Deutsche | buy | 225.00p | 225.00p | reiteration |
| 18/07/2022 | JP Morgan Cazenove | neutral | - | - | reiteration |
| 08/07/2022 | Berenberg Bank | hold | 1.45p | 1.35p | reiteration |
| 06/07/2022 | Deutsche | buy | 225.00p | 225.00p | reiteration |
| 29/06/2022 | JP Morgan Cazenove | neutral | 175.00p | 168.00p | reiteration |
| 23/06/2022 | Barclays | equal-weight | 150.00p | 140.00p | downgrade |
| 01/06/2022 | JP Morgan Cazenove | overweight | 170.00p | 175.00p | reiteration |
| 31/05/2022 | Berenberg Bank | hold | - | 145.00p | reiteration |
| 27/05/2022 | Deutsche | buy | - | 225.00p | reiteration |
| 18/05/2022 | Citigroup | buy | - | 165.00p | restart coverage |
| 18/05/2022 | Deutsche | buy | - | 225.00p | reiteration |
| 18/05/2022 | Barclays | overweight | 155.00p | 150.00p | reiteration |
| 16/05/2022 | JP Morgan Cazenove | overweight | - | 170.00p | reiteration |
| 11/05/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 04/05/2022 | Barclays | overweight | - | - | reiteration |
| 26/04/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 14/04/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 04/04/2022 | Berenberg Bank | hold | 150.00p | 145.00p | reiteration |
| 01/04/2022 | Deutsche | buy | 230.00p | 225.00p | reiteration |
| 01/04/2022 | Barclays | overweight | 165.00p | 155.00p | reiteration |
| 23/03/2022 | Berenberg Bank | buy | - | 150.00p | reiteration |
| 25/03/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 18/03/2022 | Barclays | overweight | - | 165.00p | reiteration |
| 09/03/2022 | Barclays | overweight | - | 165.00p | reiteration |
| 09/02/2022 | Morgan Stanley | overweight | - | - | reiteration |
| 08/02/2022 | Citigroup | buy | - | 170.00p | reiteration |
| 07/02/2022 | Barclays | overweight | 165.00p | 165.00p | reiteration |
| 03/02/2022 | Deutsche | buy | - | 230.00p | reiteration |
| 03/02/2022 | JP Morgan Cazenove | overweight | 165.00p | 170.00p | reiteration |
| 25/01/2022 | Deutsche | buy | - | 230.00p | reiteration |
| 10/01/2022 | Berenberg Bank | buy | 155.00p | 150.00p | reiteration |
| 15/12/2021 | Morgan Stanley | overweight | 185.00p | 185.00p | reiteration |
| 30/11/2021 | Berenberg Bank | buy | - | 155.00p | reiteration |
| 17/11/2021 | Deutsche | buy | - | 230.00p | reiteration |
| 17/11/2021 | Barclays | overweight | 170.00p | 170.00p | reiteration |
| 12/11/2021 | Morgan Stanley | overweight | - | - | reiteration |
| 18/10/2021 | Deutsche | buy | - | 230.00p | reiteration |
| 14/10/2021 | Berenberg Bank | buy | - | 155.00p | reiteration |
| 03/08/2021 | Berenberg Bank | buy | 155.00p | 155.00p | reiteration |
| 26/07/2021 | Barclays | overweight | 165.00p | 170.00p | reiteration |
| 01/07/2021 | JP Morgan Cazenove | overweight | 197.00p | 165.00p | reiteration |
| 21/06/2021 | Credit Suisse | outperform | - | 150.00p | reiteration |
| 18/06/2021 | Berenberg Bank | buy | - | 155.00p | reiteration |
| 25/05/2021 | Citigroup | buy | - | - | reiteration |
| 19/05/2021 | Credit Suisse | outperform | 170.00p | 150.00p | reiteration |
| 19/05/2021 | Deutsche | buy | - | 230.00p | reiteration |
| 18/05/2021 | UBS | buy | - | 192.00p | reiteration |
| 17/05/2021 | Numis | buy | - | 165.00p | reiteration |
| 11/05/2021 | Goldman Sachs | buy | - | 195.00p | reiteration |
| 07/05/2021 | Deutsche | buy | - | 230.00p | reiteration |