London Stock Exchange Group PLC (LON:LSE) Rating Reaffirmed
The broker has just set a TP of GBX 2840.00 on London Stock Exchange Group PLC (LON:LSE) shares. This is 4.84% from the current stock price. In a comprehensive report issued on 18 December, Barclays Capital has decided to reaffirm their Overweight rating on shares of LSE.
From a total of 12 analysts covering London Stock Exchange Group PLC (LON:LSE) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 3000 while the lowest target price is GBX 967. The mean of all analyst targets is GBX 2619.58 with a 3.07% above today’s (GBX 2709) stock price. London Stock Exchange Group PLC was the topic of 35 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Numis Securities maintained shares with “Hold” rating and GBX 2450 target share price in a report from a November 10. Barclays Capital maintained LSE stock in a recent report from November 18 with “Overweight” rating. Societe Generale maintained the rating on October 28. Societe Generale has a “Hold” rating and a GBX 2600 price target on shares. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on a November 10.
The stock increased 2.54% or GBX 67 on December 17, striking GBX 2709. Approximately 640,727 shares of stock traded hands or 17.32% up from the average. London Stock Exchange Group Plc (LON:LSE) has risen 11.25% since May 21, 2015 and is uptrending. It has outperformed by 13.52% the S&P500.
London Stock Exchange Group plc Is a United Kingdom diversified international market infrastructure and capital markets business. The company has a market cap of 9.31 billion GBP. The Firm operates through seven divisions: capital markets, Post Trade Services CC&G and Monte Titol, Post Trade Services LCH Clearnet; Information Services; Technology Services; Investment Management, and Other. It currently has negative earnings. The Capital Markets segment forms capital for companies trading in London and Italy.