London Stock Exchange Group Plc (LON:LSE) had its price objective upped by equities researchers at J P Morgan Chase & Co from GBX 3,550 ($46.83) to GBX 3,750 ($49.47) in a research note issued on Friday. The firm presently has a “neutral” rating on the stock. J P Morgan Chase & Co’s target price suggests a potential downside of 3.65% from the stock’s current price.
A number of other equities research analysts have also weighed in on the company. HSBC Holdings plc reiterated a “hold” rating and issued a GBX 3,600 ($47.49) price objective on shares of London Stock Exchange Group Plc in a research report on Thursday, June 29th. Royal Bank Of Canada lifted their price objective on London Stock Exchange Group Plc from GBX 3,500 ($46.17) to GBX 3,600 ($47.49) and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. Barclays PLC reiterated an “overweight” rating and issued a GBX 4,060 ($53.55) price objective (up from GBX 3,700 ($48.81)) on shares of London Stock Exchange Group Plc in a research report on Wednesday, June 14th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 2,800 ($36.93) price objective on shares of London Stock Exchange Group Plc in a research report on Wednesday, April 26th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 3,100 ($40.89) price objective on shares of London Stock Exchange Group Plc in a research report on Wednesday, April 19th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 3,684.46 ($48.60).
London Stock Exchange Group Plc (LON:LSE) opened at 3892.00 on Friday. The firm has a 50-day moving average price of GBX 3,717.19 and a 200 day moving average price of GBX 3,345.68. London Stock Exchange Group Plc has a 52 week low of GBX 2,610.00 and a 52 week high of GBX 3,931.00. The firm’s market capitalization is GBX 13.62 billion.
About London Stock Exchange Group Plc
London Stock Exchange Group plc is a diversified global financial markets infrastructure business that operates with an Open Access model. The Company is organized into operating units based on its service lines and has six segments: Capital Markets, Post Trade Services-CC&G and Monte Titoli, Post Trade Services-LCH, Information Services, Technology Services and Other.
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