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London Stock Exchange (LSEG) Gets a Buy from RBC Capital

Tipranks - Tipranks - Wed Apr 8, 9:22AM CDT

RBC Capital analyst Ben Bathurst maintained a Buy rating on London Stock Exchange today and set a price target of £135.00.

Easter Sale - 70% Off TipRanks

Bathurst covers the Financial sector, focusing on stocks such as London Stock Exchange, St. James’s Place, and Brooks Macdonald. According to TipRanks, Bathurst has an average return of 14.4% and a 61.17% success rate on recommended stocks.

Currently, the analyst consensus on London Stock Exchange is a Strong Buy with an average price target of p12,371.11.

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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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