RBC Capital Sticks to Their Buy Rating for London Stock Exchange (LSEG)

In a report released today, Ben Bathurst from RBC Capital maintained a Buy rating on London Stock Exchange, with a price target of £135.00.

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According to TipRanks, Bathurst is a 5-star analyst with an average return of 15.8% and a 66.04% success rate. Bathurst covers the Financial sector, focusing on stocks such as London Stock Exchange, St. James’s Place, and Rathbones Group PLC.

London Stock Exchange has an analyst consensus of Strong Buy, with a price target consensus of p12,587.00.

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.