JPMorgan Chase & Co. Upgrades London Stock Exchange Group (LSE) to “Overweight”

JPMorgan Chase & Co. upgraded shares of London Stock Exchange Group (LON:LSE) to an overweight rating in a research report report published on Tuesday. The brokerage currently has GBX 4,600 ($64.50) price objective on the stock, up from their prior price objective of GBX 3,955 ($55.45).

A number of other brokerages have also recently commented on LSE. Royal Bank of Canada set a GBX 4,200 ($58.89) target price on shares of London Stock Exchange Group and gave the company a buy rating in a report on Wednesday, October 18th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 4,150 ($58.19) target price on shares of London Stock Exchange Group in a report on Wednesday, December 20th. UBS Group reaffirmed a neutral rating on shares of London Stock Exchange Group in a report on Monday, February 5th. Barclays reaffirmed an overweight rating and set a GBX 4,365 ($61.20) target price on shares of London Stock Exchange Group in a report on Thursday, October 19th. Finally, reaffirmed a hold rating and set a GBX 3,600 ($50.48) target price on shares of London Stock Exchange Group in a report on Thursday, October 12th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 4,135.27 ($57.98).

Shares of London Stock Exchange Group (LON LSE) opened at GBX 3,863 ($54.16) on Tuesday. London Stock Exchange Group has a twelve month low of GBX 2,964.44 ($41.57) and a twelve month high of GBX 4,076 ($57.15). The company has a market cap of $13,390.00 and a P/E ratio of 4,544.71.

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About London Stock Exchange Group

London Stock Exchange Group plc is a diversified global financial markets infrastructure business that operates with an Open Access model. The Company is organized into operating units based on its service lines and has six segments: Capital Markets, Post Trade Services-CC&G and Monte Titoli, Post Trade Services-LCH, Information Services, Technology Services and Other.

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