London Stock Exchange Group Plc (LSE) Stock Rating Reaffirmed by Credit Suisse Group AG
London Stock Exchange Group Plc (LON:LSE)‘s stock had its “outperform” rating restated by analysts at Credit Suisse Group AG in a research report issued to clients and investors on Friday. They presently have a GBX 2,900 ($37.85) target price on the stock. Credit Suisse Group AG’s price target would indicate a potential upside of 3.57% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the stock. BNP Paribas reiterated an “outperform” rating and set a GBX 2,700 ($35.24) target price on shares of London Stock Exchange Group Plc in a research report on Monday, June 27th. Barclays PLC reiterated a “suspended” rating and set a GBX 2,840 ($37.07) target price on shares of London Stock Exchange Group Plc in a research report on Thursday, June 30th. Macquarie reiterated a “neutral” rating and set a GBX 2,460 ($32.11) target price on shares of London Stock Exchange Group Plc in a research report on Thursday, July 21st. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 2,700 ($35.24) target price on shares of London Stock Exchange Group Plc in a research report on Thursday, September 29th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 2,781.15 ($36.30).
London Stock Exchange Group Plc (LON:LSE) traded down 1.10% during mid-day trading on Friday, hitting GBX 2800.00. 563,245 shares of the company were exchanged. The company has a 50 day moving average of GBX 2,795.25 and a 200 day moving average of GBX 2,712.62. London Stock Exchange Group Plc has a 12-month low of GBX 2,083.00 and a 12-month high of GBX 2,960.00. The stock’s market cap is GBX 9.75 billion.
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The firm also recently announced a dividend, which was paid on Tuesday, September 20th. Stockholders of record on Thursday, August 25th were paid a GBX 12 ($0.16) dividend. This represents a dividend yield of 0.43%. The ex-dividend date was Thursday, August 25th.
In other news, insider Jerusalmi,Raffaele sold 23,717 shares of the firm’s stock in a transaction dated Friday, August 5th. The shares were sold at an average price of GBX 2,768 ($36.13), for a total value of £656,486.56 ($856,920.19).
London Stock Exchange Group Plc Company Profile
London Stock Exchange Group plc is engaged in infrastructure and capital markets businesses. The Company’s segments include Capital Markets, Post Trade Services CC&G and Monte Titol, Post Trade Services LCH Clearnet, Information Services, Technology Services and Other. Its business activities include Capital Formation, Risk and Balance Sheet Management and Intellectual Property.
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