London Stock Exchange Group Plc Receives Overweight Rating from Morgan Stanley (LSE)
London Stock Exchange Group Plc (LON:LSE)‘s stock had its “overweight” rating restated by equities research analysts at Morgan Stanley in a research note issued to investors on Monday. They currently have a GBX 2,280 ($38.70) price objective on the stock. Morgan Stanley’s target price would indicate a potential upside of 18.75% from the company’s current price.
Shares of London Stock Exchange Group Plc (LON:LSE) opened at 1941.00 on Monday. London Stock Exchange Group Plc has a one year low of GBX 1278.00 and a one year high of GBX 2053.00. The stock has a 50-day moving average of GBX 1876. and a 200-day moving average of GBX 1851.. The company’s market cap is £5.250 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, August 19th. Shareholders of record on Wednesday, July 23rd will be paid a dividend of GBX 20.70 ($0.35) per share. This represents a dividend yield of 1.14%. The ex-dividend date is Wednesday, July 23rd.
A number of other analysts have also recently weighed in on LSE. Analysts at HSBC reiterated a “neutral” rating on shares of London Stock Exchange Group Plc in a research note on Friday. They now have a GBX 2,020 ($34.29) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of London Stock Exchange Group Plc in a research note on Tuesday, June 10th. They now have a GBX 1,991 ($33.80) price target on the stock. Finally, analysts at Macquarie reiterated a “neutral” rating on shares of London Stock Exchange Group Plc in a research note on Friday, June 6th. They now have a GBX 2,128 ($36.12) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. London Stock Exchange Group Plc has a consensus rating of “Hold” and a consensus target price of GBX 1,994.73 ($33.86).
London Stock Exchange Group PLC operates a range of international equity, bond and derivatives markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.