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Jefferies Remains a Buy on London Stock Exchange (LSEG)

Tipranks - Tipranks - Fri Apr 24, 6:34AM CDT

Jefferies analyst Thomas Mills maintained a Buy rating on London Stock Exchange today and set a price target of £110.00.

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According to TipRanks, Mills is a 4-star analyst with an average return of 10.0% and a 64.39% success rate. Mills covers the Financial sector, focusing on stocks such as London Stock Exchange, DWS Group GmbH & Co KGaA, and Mutares SE & Co. KGaA.

In a report released today, Goldman Sachs also maintained a Buy rating on the stock with a £130.70 price target.

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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 8 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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