London Stock Exchange Group Plc Price Target Increased to GBX 1,622 by Analysts at JPMorgan Chase & Co. (LSE)
Equities research analysts at JPMorgan Chase & Co. lifted their price target on shares of London Stock Exchange Group Plc (LON:LSE) from GBX 1,539 ($25.26) to GBX 1,622 ($26.63) in a research note issued to investors on Friday, American Banking News reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 10.44% from the company’s current price.
Shares of London Stock Exchange Group Plc (LON:LSE) traded down 2.74% on Friday, hitting GBX 1811.00. The stock had a trading volume of 422,237 shares. London Stock Exchange Group Plc has a one year low of GBX 1200.00 and a one year high of GBX 1854.9999. The stock has a 50-day moving average of GBX 1721. and a 200-day moving average of GBX 1619.. The company’s market cap is £4.890 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of London Stock Exchange Group Plc in a research note to investors on Thursday. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of London Stock Exchange Group Plc in a research note to investors on Thursday. They now have a GBX 1,950 ($32.01) 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 in a research note to investors on Thursday. They now have a GBX 1,991 ($32.68) price target on the stock. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 1,651 ($27.10).
London Stock Exchange Group plc (LON:LSE) operates a range of international equity, bond and derivatives markets.
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