UBS downgrades its recommendation on LSE Group from 'buy' to 'neutral', with a price target lowered from 10500 to 10000 pence, a new target that leaves only 13% upside potential for the British stock exchange group's shares.

Although we view LSE favorably on a three- to five-year basis, we believe the stock will take a breather over the next six months, as 2024's earnings will face one-off and currency-related headwinds...', he explains.

Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.