London Stock Exchange Group (LSEG)

Sector:

Financials

Index:

FTSE 100

11,010.00p
   
  • Change Today:
    110.00p
  • 52 Week High: 11,030.00p
  • 52 Week Low: 8,780.00p
  • Currency: UK Pounds
  • Shares Issued: 531.43m
  • Volume: 1,932,499
  • Market Cap: £58,510m
  • Beta: 0.55

JP Morgan lists London Stock Exchange among top financial picks

By Benjamin Chiou

Date: Friday 15 Dec 2023

LONDON (ShareCast) - (Sharecast News) - JP Morgan has listed the London Stock Exchange Group (LSEG) as one of its top picks in the European diversified financials sector heading into 2024.
In a research note outlining the potential impact from lower interest rates on markets going into next year, JP Morgan reiterated its 'overweight' position on LSEG.

"We favour the LSEG, which we also place on our Analyst Focus List given its limited reliance on market volumes, low downside from falling rates, strong earnings trajectory and positive gearing to secular growth trends within the financial industry," the bank said.

JP Morgan forecasts a 13% compound annual growth rate in earnings per share at LSEG over 2023 to 2026.

The bank has a 11,200p target price for the stock, up from 10,400p previously, implying around 20% upside from Friday's level of 9,280p (more or less flat on the day).

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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 11,010.00p
Change Today 110.00p
% Change 1.01 %
52 Week High 11,030.00p
52 Week Low 8,780.00p
Volume 1,932,499
Shares Issued 531.43m
Market Cap £58,510m
Beta 0.55

London Stock Exchange Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.03% below the market average99.03% below the market average99.03% below the market average99.03% below the market average99.03% 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
80.60% above the market average80.60% above the market average80.60% above the market average80.60% above the market average80.60% above the market average
58.93% above the sector average58.93% above the sector average58.93% above the sector average58.93% above the sector average58.93% above the sector average
Income
95.66% below the market average95.66% below the market average95.66% below the market average95.66% below the market average95.66% below the market average
93.75% below the sector average93.75% below the sector average93.75% below the sector average93.75% below the sector average93.75% below the sector average
Growth
36.73% above the market average36.73% above the market average36.73% above the market average36.73% above the market average36.73% above the market average
43.14% above the sector average43.14% above the sector average43.14% above the sector average43.14% above the sector average43.14% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 5
Sell 0
Strong Sell 0
Total 15
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
  Interim Final
Ex-Div 15-Aug-24 18-Apr-24
Paid 18-Sep-24 22-May-24
Amount 41.00p 79.30p

Trades for 21-Nov-2024

Time Volume / Share Price
16:40 720,000 @ 10,930.00p
16:40 720,000 @ 10,930.00p
15:56 0 @ 11,020.00p
15:56 0 @ 11,020.00p
15:56 0 @ 11,020.00p

London Stock Exchange Key Personnel

CEO David Schwimmer
Chair Don Robert
CFO Michel-Alain Proch

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