London Stock Exchange Group (LSEG)

Sector:

Financials

Index:

FTSE 100

9,036.00p
   
  • Change Today:
    -94.00p
  • 52 Week High: 9,674.00p
  • 52 Week Low: 7,930.00p
  • Currency: UK Pounds
  • Shares Issued: 535.60m
  • Volume: 882,127
  • Market Cap: £48,397m

Citi says LSE shares too cheap, upgrades to 'buy'

By Michele Maatouk

Date: Wednesday 05 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Citi upgraded its recommendation on London Stock Exchange shares on Wednesday to 'buy' from 'neutral' and upped the price target to 9,300p from 8,600p.
"LSE stock is simply too cheap in our view following the recent de-rating," the bank said.

It noted the shares now trade on only 21x 2023 estimated earnings per share, which it said was low versus history and peers.

"EPS momentum has been poor, but in our view consensus has now largely corrected as cost messaging has improved," Citi said.

"2022 should see a return to more respectable growth, with Refinitiv integration one step further along, an FX headwind set to become a tailwind and M&A optionality a feature once more."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

London Stock Exchange Market Data

Currency UK Pounds
Share Price 9,036.00p
Change Today -94.00p
% Change -1.03 %
52 Week High 9,674.00p
52 Week Low 7,930.00p
Volume 882,127
Shares Issued 535.60m
Market Cap £48,397m

London Stock Exchange Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.15% below the market average98.15% below the market average98.15% below the market average98.15% below the market average98.15% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
69.40% above the market average69.40% above the market average69.40% above the market average69.40% above the market average69.40% above the market average
53.45% above the sector average53.45% above the sector average53.45% above the sector average53.45% above the sector average53.45% above the sector average
Income
94.49% below the market average94.49% below the market average94.49% below the market average94.49% below the market average94.49% below the market average
97.01% below the sector average97.01% below the sector average97.01% below the sector average97.01% below the sector average97.01% below the sector average
Growth
11.63% above the market average11.63% above the market average11.63% above the market average11.63% above the market average11.63% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 5
Sell 0
Strong Sell 0
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

London Stock Exchange Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 17-Aug-23
Paid 22-May-24 20-Sep-23
Amount 79.30p 35.70p

Trades for 18-Apr-2024

Time Volume / Share Price
16:37 400 @ 9,036.00p
16:35 249,992 @ 9,036.00p
16:35 68 @ 9,036.00p
16:35 505 @ 9,036.00p
16:35 648 @ 9,036.00p

London Stock Exchange Key Personnel

CEO David Schwimmer
Chair Don Robert
CFO Michel-Alain Proch

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