London Stock Exchange Group Plc Given Outperform Rating at Credit Suisse (LSE)
London Stock Exchange Group Plc (LON:LSE)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Wednesday. They currently have a GBX 2,220 ($37.37) target price on the stock. Credit Suisse’s target price would indicate a potential upside of 16.47% from the company’s current price.
London Stock Exchange Group Plc (LON:LSE) traded up 2.41% during mid-day trading on Wednesday, hitting GBX 1952.00. 355,842 shares of the company’s stock traded hands. London Stock Exchange Group Plc has a 1-year low of GBX 1278.00 and a 1-year high of GBX 2053.00. The stock has a 50-day moving average of GBX 1829.43 and a 200-day moving average of GBX 1815.. The company’s market cap is £5.274 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, August 19th. Investors of record on Wednesday, July 23rd will be given a dividend of GBX 20.70 ($0.35) per share. This represents a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, July 23rd.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs reiterated a “sell” rating on shares of London Stock Exchange Group Plc in a research note on Friday, May 23rd. They now have a GBX 1,990 ($33.50) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of London Stock Exchange Group Plc in a research note on Friday, May 16th. They now have a GBX 1,962 ($33.02) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of London Stock Exchange Group Plc to an “add” rating in a research note on Thursday, May 15th. They now have a GBX 2,010 ($33.83) price target on the stock, up previously from GBX 1,881 ($31.66). Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,854.87 ($31.22).
London Stock Exchange Group PLC operates a range of international equity, bond and derivatives markets.
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