Another set of impressive figures from LSEG. If only the actual exchange was performing as well.. |
Buy rating on London Stock Exchange Group (LON:LSEG) Plc (LSE:LN) (OTC: LNSTY) with a price target of GBP135.00. The firm's analysts see a 14% potential increase to their target, which does not rely on any multiple expansion |
London Stock Exchange Group is well-positioned for growth, Bank of America Global Research analysts write in a note. The stock exchange and financial-information company will likely benefit from its partnership with Microsoft, the analysts say. The U.S. bank expects 7% to 8% constant currency revenue growth in 2025-26 from the collaboration. The launch of key products will also support growth, the analysts add. "Momentum should be sustained in outer years by price optimization, data management services, share gains through new enterprise agreements, and the launch of Open Directory in the second half of year." Additionally, strong free-cash-flow generation and lower capital expenses leave space for a potential share buyback and M&A, they say. |
How *exactly* is the exchange doing so well when…
Because whenever a share is traded, LAEG receives revenuw. Because the doomongers prevalent when LSEG acquired Refinitf were wrong. etc., etc., |
London Stock Exchange Group has good prospects for growth within both data and analytics, and its high-quality market infrastructure propositions, RBC Capital Markets analysts Ben Bathurst and Jude Neanor write in a note. The stock-exchange and financial-information company delivered slightly above-consensus headline income and gross profit metrics, leading to growth in constant currency, the analysts say. LSEG's third-quarter performance is likely to be seen as positive given the group is well-positioned to deliver on its medium-term guidance, the analysts add. Shares are up 2.4% |
The LSE part of the group is only about 2% of revenues. Most revenues now come from data and analytics |
How *exactly* is the exchange doing so well when the FTSE100 is a global dog, when so few companies are listing, and when the AIM market has become about as desirable as a something the dog has left on the pavement? |
Looking good here, moving up steadily.. |
Very positive results today... |
Switched to RNK [better change to capital gains] 4 brokers issued strong BUY |
LSEG talked positively about in the podcast. |
Good writeup. |
Looking good, breaking above 9000 now. |
Decent numbers.. |
Applied through Primary bid received what I applied for at 8050, would recommend PB |
Larger institutions are required to disclose their charges in holdings, so you i expect you will see some RNS disclosures in the next few days.Note this was a secondary offer and not technically a capital 'raise' . ( This means UK tax is due at 0.5% on the 8050p price).I bought some in the retail offer. |
33m shares sold, upped from 28m. Strong demand for them at that price! Wonder which institutions bought? |
Apparently £80.50 share price for the raise |
It's a block trade, like back in March |
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