JPMorgan Chase & Co. Reaffirms Neutral Rating for London Stock Exchange Group (LSE)

JPMorgan Chase & Co. reissued their neutral rating on shares of London Stock Exchange Group (LON:LSE) in a research report report published on Friday. The firm currently has a GBX 3,955 ($53.63) price target on the stock, down from their prior price target of GBX 3,955 ($53.63).

LSE has been the subject of several other reports. Citigroup restated a buy rating and set a GBX 4,450 ($60.35) target price on shares of London Stock Exchange Group in a report on Friday, October 6th. Royal Bank of Canada set a GBX 4,200 ($56.96) price objective on London Stock Exchange Group and gave the stock a buy rating in a report on Wednesday, October 18th. Numis Securities reiterated a hold rating and issued a GBX 3,800 ($51.53) price objective on shares of London Stock Exchange Group in a report on Thursday, October 19th. Deutsche Bank reiterated a hold rating and issued a GBX 4,000 ($54.24) price objective on shares of London Stock Exchange Group in a report on Sunday, October 22nd. Finally, reiterated a hold rating and issued a GBX 3,600 ($48.82) price objective on shares of London Stock Exchange Group in a report on Thursday, October 12th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. London Stock Exchange Group currently has an average rating of Buy and a consensus price target of GBX 4,001.71 ($54.27).

Shares of London Stock Exchange Group (LON LSE) traded down GBX 31 ($0.42) during mid-day trading on Friday, reaching GBX 3,720 ($50.45). The company had a trading volume of 339,483 shares, compared to its average volume of 686,665. The stock has a market cap of $12,960.00 and a PE ratio of 4,376.47. London Stock Exchange Group has a 52 week low of GBX 2,964.44 ($40.20) and a 52 week high of GBX 4,069 ($55.18).

In related news, insider Xavier Rolet sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of GBX 3,800 ($51.53), for a total transaction of £3,800,000 ($5,153,241.12).

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London Stock Exchange Group Company Profile

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)

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