Berenberg Bank Begins Coverage on London Stock Exchange Group (LSE)

Investment analysts at Berenberg Bank initiated coverage on shares of London Stock Exchange Group (LON:LSE) in a report issued on Thursday. The brokerage set a “buy” rating and a GBX 4,690 ($63.60) price target on the stock. Berenberg Bank’s target price indicates a potential upside of 16.55% from the company’s current price.

Several other research firms have also commented on LSE. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 3,955 ($53.63) price objective (down previously from GBX 3,955 ($53.63)) on shares of London Stock Exchange Group in a research report on Wednesday, November 29th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 4,150 ($56.28) price objective on shares of London Stock Exchange Group in a research report on Wednesday, December 20th. Royal Bank of Canada set a GBX 4,200 ($56.96) price objective on shares of London Stock Exchange Group and gave the company a “buy” rating in a research report on Wednesday, October 18th. Citigroup reiterated a “buy” rating and set a GBX 4,450 ($60.35) price objective on shares of London Stock Exchange Group in a research report on Friday, October 6th. Finally, Barclays reiterated an “overweight” rating and set a GBX 4,365 ($59.19) price objective on shares of London Stock Exchange Group in a research report on Thursday, October 19th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 4,047.60 ($54.89).

London Stock Exchange Group (LON LSE) opened at GBX 4,024 ($54.57) on Thursday. London Stock Exchange Group has a 12-month low of GBX 2,964.44 ($40.20) and a 12-month high of GBX 4,069 ($55.18). The company has a market cap of $13,950.00 and a price-to-earnings ratio of 4,734.12.

COPYRIGHT VIOLATION NOTICE: “Berenberg Bank Begins Coverage on London Stock Exchange Group (LSE)” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2018/01/28/berenberg-bank-begins-coverage-on-london-stock-exchange-group-lse.html.

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.

Analyst Recommendations for London Stock Exchange Group (LON:LSE)

Receive News & Ratings for London Stock Exchange Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for London Stock Exchange Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply