London Stock Exchange Group (LON:LSE) received a GBX 3,955 ($53.63) price target from research analysts at JPMorgan Chase & Co. in a note issued to investors on Friday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 5.44% from the stock’s current price.
A number of other research analysts also recently weighed in on the stock. Barclays reissued an “overweight” rating and set a GBX 4,365 ($59.19) target price on shares of London Stock Exchange Group in a research report on Thursday, October 19th. UBS Group set a GBX 3,900 ($52.89) target price on shares of London Stock Exchange Group and gave the stock a “neutral” rating in a research note on Wednesday, November 29th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 4,150 ($56.28) target price on shares of London Stock Exchange Group in a research note on Thursday, January 11th. BNP Paribas set a GBX 4,000 ($54.24) target price on shares of London Stock Exchange Group and gave the stock a “buy” rating in a research note on Monday, September 25th. Finally, Deutsche Bank reiterated a “hold” rating and issued a GBX 4,000 ($54.24) target price on shares of London Stock Exchange Group in a research note on Monday, October 16th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of GBX 4,001.71 ($54.27).
Shares of London Stock Exchange Group (LON:LSE) traded up GBX 56 ($0.76) during midday trading on Friday, hitting GBX 3,751 ($50.87). 1,130,336 shares of the stock traded hands, compared to its average volume of 677,695. London Stock Exchange Group has a 52-week low of GBX 2,945 ($39.94) and a 52-week high of GBX 4,069 ($55.18). The firm has a market capitalization of $13,010.00 and a price-to-earnings ratio of 4,412.94.
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About London Stock Exchange Group
London Stock Exchange Group plc is a diversified global financial markets infrastructure business that operates with an Open Access model. The Company is organized into operating units based on its service lines and has six segments: Capital Markets, Post Trade Services-CC&G and Monte Titoli, Post Trade Services-LCH, Information Services, Technology Services and Other.
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