The stock is likely to rebound after its recent decline.

Surperformance ratings underline the quality of the company's fundamentals. It has a strong profitability as shown by its 18% net margin in 2015, and a significant growth potential as underlined by Thomson Reuters estimates. Moreover, analysts covering the stock target on average a 9% appreciation potential.

Following a bullish wave, the stock declined slightly in the short run after the contact with the upward trendline. That leads it on the GBp 2130 support, threshold that is likely to allow a significant technical rebound.

Therefore, a long position can be opened on the security to target GBp 2355 in a first place. A stop loss will protect the position under GBp 2130.