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London Stock Exchange (LSEG) Receives a Buy from Morgan Stanley

Tipranks - Tipranks - Wed Jul 1, 6:46PM CDT

In a report released today, Marina Massuti from Morgan Stanley maintained a Buy rating on London Stock Exchange, with a price target of p12,100.00.

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According to TipRanks, Massuti is an analyst with an average return of -6.0% and a 44.19% success rate. Massuti covers the Financial sector, focusing on stocks such as Aberdeen Group, Man Group plc, and London Stock Exchange.

In addition to Morgan Stanley, London Stock Exchange also received a Buy from Goldman Sachs’s Oliver Carruthers in a report issued on June 15. However, on June 18, Rothschild & Co Redburn downgraded London Stock Exchange (LSE: LSEG) to a Hold.

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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

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