AlphaValue Reiterates “Reduce” Rating for London Stock Exchange Group Plc (LSE)
London Stock Exchange Group Plc (LON:LSE)‘s stock had its “reduce” rating reaffirmed by investment analysts at AlphaValue in a note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 1,478 ($23.85) target price on the stock. AlphaValue’s price target would suggest a potential downside of 5.07% from the company’s current price.
LSE has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of London Stock Exchange Group Plc (LON:LSE) from GBX 1,406 ($22.68) to GBX 1,539 ($24.83) in a research note to investors on Friday, September 27th. They now have an “underweight” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of London Stock Exchange Group Plc (LON:LSE) in a research note to investors on Thursday, September 26th. They now have a GBX 1,505 ($24.28) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of London Stock Exchange Group Plc (LON:LSE) in a research note to investors on Wednesday, September 25th. They now have a GBX 1,718 ($27.72) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,462.76 ($23.60).
Shares of London Stock Exchange Group Plc (LON:LSE) traded down 0.58% during mid-day trading on Thursday, hitting GBX 1548.00. The stock had a trading volume of 94,971 shares. London Stock Exchange Group Plc has a 52-week low of GBX 913.50 and a 52-week high of GBX 1665.00. The stock’s 50-day moving average is GBX 1590. and its 200-day moving average is GBX 1433.. The company’s market cap is £4.179 billion.
London Stock Exchange Group plc (LON:LSE) operates a range of international equity, bond and derivatives markets.
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