(CercleFinance.com) – UBS reaffirms its ‘buy’ recommendation on LSE Group, while lowering its price target from 10,100 to 9,800 pence, a new target which nevertheless leaves a potential upside of 16% for the action of the British group of stock exchanges.
‘Although our basic bullish thesis on LSEG remains, recent strength in the pound should lead to moderate declines of 2-3% in consensus EPS for the period 2023-25’, the broker warns in its note summary of research.
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