Flagged for tone decliner today. Tone trajectory is deteriorating (ahead → ahead → broadly_in_line → below); last update 2026-05-07. Next results expected in 56 days (2026-08-12); the earnings model leans below (47% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Decliner flagged | Tone deteriorating across multiple channels — flagged decliner in MAIN_MARKET. 3 of 3 channels in agreement | tone -75.0 · broker -100.0 · director -39.3 · sector 31.8 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2026-05-07 · 14 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Pre-raise | Not flagged | Not flagged as a pre-raise candidate. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted below | Next results expected in 56 days (2026-08-12). Model leans below of consensus. 47% below · 23% inline · 30% ahead · 47% model confidence · calendar low | |
| Broker actions — last 90 days (14) | |||
| 2026-06-08 | reiteration | JefferiesBuy | 16000p |
| 2026-06-08 | reiteration | Jefferiesbuy | GBX 16000 |
| 2026-05-14 | target_cut | JP Morgan CazenoveOverweight | 11500p(was 12700) |
| 2026-05-14 | target_cut | JP Morgan Cazenoveoverweight | GBX 11500(was 12700) |
| 2026-05-14 | reiteration | Berenberg Bankbuy | GBX 12900 |
| 2026-05-14 | target_cut | JPMORGANoverweight | 11500p(was 12700) |
| 2026-05-14 | reiteration | Berenberg BankBuy | 12900p |
| 2026-05-11 | target_cut | GOLDMANbuy | 14150p(was 14700) |
| 2026-05-08 | target_cut | DEUTSCHE BANKbuy | 12400p(was 14700) |
| 2026-05-07 | reiteration | Jefferiesbuy | GBX 16000 |
| 2026-04-23 | target_cut | GOLDMANbuy | 14700p(was 15350) |
| 2026-04-16 | target_cut | Citigroupsell | GBX 6800(was 15800) |
| 2026-04-16 | target_cut | CITIGROUPsell (buy) | 6800p(was 15800) |
| 2026-04-16 | target_cut | BARCLAYSoverweight | 12900p(was 16700) |
| Director deals — last 90 days (36; 4 purchases / 11 sales) | |||
| 2026-06-02 | Award | Christine McCarthy2,071 shares | £0 |
| 2026-06-02 | Award | Robert Bennett2,071 shares | £0 |
| 2026-06-02 | Award | Nancy Dubuc2,071 shares | £0 |
| 2026-06-02 | Award | Nancy Cruickshank2,071 shares | £0 |
| 2026-06-02 | Award | Holly Keller Koeppel2,071 shares | £0 |
| 2026-06-02 | Award | Sally Susman2,071 shares | £0 |
| 2026-06-02 | Award | David Kenny2,071 shares | £0 |
| 2026-06-02 | Award | Stefan Bomhard2,071 shares | £0 |
| 2026-06-02 | Award | John Bryant3,284 shares | £0 |
| 2026-06-02 | Award | Carolan Lennon2,071 shares | £0 |
| 2026-05-28 | Sale | Holly Keller Koeppel135 shares | — |
| 2026-05-28 | Sale | Nancy Cruickshank152 shares | — |
| 2026-05-28 | Award | Nancy Dubuc838 shares | £0 |
| 2026-05-28 | Sale | Nancy Dubuc135 shares | — |
| 2026-05-28 | Award | Robert Bennett838 shares | £0 |
| 2026-05-28 | Sale | Robert Bennett135 shares | — |
| 2026-05-28 | Award | Stefan Bomhard677 shares | £0 |
| 2026-05-28 | Sale | Stefan Bomhard177 shares | — |
| 2026-05-28 | Award | Nancy Cruickshank838 shares | £0 |
| 2026-05-28 | Award | John Bryant1,329 shares | £0 |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Tone deteriorating across multiple channels — flagged decliner in MAIN_MARKET.
3 of 3 channels in agreement
Tone has been deteriorating.
most recent 2026-05-07 · 14 statements in last 180d
Not flagged for distress.
Not flagged as a pre-raise candidate.
Narrative consistent with historical baseline.
Next results expected in 56 days (2026-08-12). Model leans below of consensus.
47% below · 23% inline · 30% ahead · 47% model confidence · calendar low
JefferiesBuy
Jefferiesbuy
JP Morgan CazenoveOverweight
JP Morgan Cazenoveoverweight
Berenberg Bankbuy
JPMORGANoverweight
Berenberg BankBuy
GOLDMANbuy
DEUTSCHE BANKbuy
Jefferiesbuy
GOLDMANbuy
Citigroupsell
CITIGROUPsell (buy)
BARCLAYSoverweight
Christine McCarthy2,071 shares
Robert Bennett2,071 shares
Nancy Dubuc2,071 shares
Nancy Cruickshank2,071 shares
Holly Keller Koeppel2,071 shares
Sally Susman2,071 shares
David Kenny2,071 shares
Stefan Bomhard2,071 shares
John Bryant3,284 shares
Carolan Lennon2,071 shares
Holly Keller Koeppel135 shares
Nancy Cruickshank152 shares
Nancy Dubuc838 shares
Nancy Dubuc135 shares
Robert Bennett838 shares
Robert Bennett135 shares
Stefan Bomhard677 shares
Stefan Bomhard177 shares
Nancy Cruickshank838 shares
John Bryant1,329 shares
Flagged for tone decliner today. Tone trajectory is deteriorating (ahead → ahead → broadly_in_line → below); last update 2026-05-07. Next results expected in 56 days (2026-08-12); the earnings model leans below (47% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Decliner flagged | Tone deteriorating across multiple channels — flagged decliner in MAIN_MARKET. 3 of 3 channels in agreement | tone -75.0 · broker -100.0 · director -39.3 · sector 31.8 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2026-05-07 · 14 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Pre-raise | Not flagged | Not flagged as a pre-raise candidate. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted below | Next results expected in 56 days (2026-08-12). Model leans below of consensus. 47% below · 23% inline · 30% ahead · 47% model confidence · calendar low | |
| Broker actions — last 90 days (14) | |||
| 2026-06-08 | reiteration | JefferiesBuy | 16000p |
| 2026-06-08 | reiteration | Jefferiesbuy | GBX 16000 |
| 2026-05-14 | target_cut | JP Morgan CazenoveOverweight | 11500p(was 12700) |
| 2026-05-14 | target_cut | JP Morgan Cazenoveoverweight | GBX 11500(was 12700) |
| 2026-05-14 | reiteration | Berenberg Bankbuy | GBX 12900 |
| 2026-05-14 | target_cut | JPMORGANoverweight | 11500p(was 12700) |
| 2026-05-14 | reiteration | Berenberg BankBuy | 12900p |
| 2026-05-11 | target_cut | GOLDMANbuy | 14150p(was 14700) |
| 2026-05-08 | target_cut | DEUTSCHE BANKbuy | 12400p(was 14700) |
| 2026-05-07 | reiteration | Jefferiesbuy | GBX 16000 |
| 2026-04-23 | target_cut | GOLDMANbuy | 14700p(was 15350) |
| 2026-04-16 | target_cut | Citigroupsell | GBX 6800(was 15800) |
| 2026-04-16 | target_cut | CITIGROUPsell (buy) | 6800p(was 15800) |
| 2026-04-16 | target_cut | BARCLAYSoverweight | 12900p(was 16700) |
| Director deals — last 90 days (36; 4 purchases / 11 sales) | |||
| 2026-06-02 | Award | Christine McCarthy2,071 shares | £0 |
| 2026-06-02 | Award | Robert Bennett2,071 shares | £0 |
| 2026-06-02 | Award | Nancy Dubuc2,071 shares | £0 |
| 2026-06-02 | Award | Nancy Cruickshank2,071 shares | £0 |
| 2026-06-02 | Award | Holly Keller Koeppel2,071 shares | £0 |
| 2026-06-02 | Award | Sally Susman2,071 shares | £0 |
| 2026-06-02 | Award | David Kenny2,071 shares | £0 |
| 2026-06-02 | Award | Stefan Bomhard2,071 shares | £0 |
| 2026-06-02 | Award | John Bryant3,284 shares | £0 |
| 2026-06-02 | Award | Carolan Lennon2,071 shares | £0 |
| 2026-05-28 | Sale | Holly Keller Koeppel135 shares | — |
| 2026-05-28 | Sale | Nancy Cruickshank152 shares | — |
| 2026-05-28 | Award | Nancy Dubuc838 shares | £0 |
| 2026-05-28 | Sale | Nancy Dubuc135 shares | — |
| 2026-05-28 | Award | Robert Bennett838 shares | £0 |
| 2026-05-28 | Sale | Robert Bennett135 shares | — |
| 2026-05-28 | Award | Stefan Bomhard677 shares | £0 |
| 2026-05-28 | Sale | Stefan Bomhard177 shares | — |
| 2026-05-28 | Award | Nancy Cruickshank838 shares | £0 |
| 2026-05-28 | Award | John Bryant1,329 shares | £0 |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Tone deteriorating across multiple channels — flagged decliner in MAIN_MARKET.
3 of 3 channels in agreement
Tone has been deteriorating.
most recent 2026-05-07 · 14 statements in last 180d
Not flagged for distress.
Not flagged as a pre-raise candidate.
Narrative consistent with historical baseline.
Next results expected in 56 days (2026-08-12). Model leans below of consensus.
47% below · 23% inline · 30% ahead · 47% model confidence · calendar low
JefferiesBuy
Jefferiesbuy
JP Morgan CazenoveOverweight
JP Morgan Cazenoveoverweight
Berenberg Bankbuy
JPMORGANoverweight
Berenberg BankBuy
GOLDMANbuy
DEUTSCHE BANKbuy
Jefferiesbuy
GOLDMANbuy
Citigroupsell
CITIGROUPsell (buy)
BARCLAYSoverweight
Christine McCarthy2,071 shares
Robert Bennett2,071 shares
Nancy Dubuc2,071 shares
Nancy Cruickshank2,071 shares
Holly Keller Koeppel2,071 shares
Sally Susman2,071 shares
David Kenny2,071 shares
Stefan Bomhard2,071 shares
John Bryant3,284 shares
Carolan Lennon2,071 shares
Holly Keller Koeppel135 shares
Nancy Cruickshank152 shares
Nancy Dubuc838 shares
Nancy Dubuc135 shares
Robert Bennett838 shares
Robert Bennett135 shares
Stefan Bomhard677 shares
Stefan Bomhard177 shares
Nancy Cruickshank838 shares
John Bryant1,329 shares
