London Stock Exchange (LSEG) Receives a Buy from Jefferies
In a report released today, Thomas Mills from Jefferies reiterated a Buy rating on London Stock Exchange, with a price target of p11,000.00.
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According to TipRanks, Mills is a 4-star analyst with an average return of 8.6% and a 60.77% success rate. Mills covers the Financial sector, focusing on stocks such as Deutsche Boerse, London Stock Exchange, and ICG plc.
London Stock Exchange has an analyst consensus of Strong Buy, with a price target consensus of p12,371.11.
Based on London Stock Exchange’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p4.66 billion and a net profit of p600 million. In comparison, last year the company earned a revenue of p4.47 billion and had a net profit of p339 million
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSEG in relation to earlier this year.
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