LSE: Credit Suisse raises target price

(CercleFinance.com) - Credit Suisse maintains its "outperform" rating on the share of London Stock Exchange (LSE), having increased its target price from 94 pounds to 100 pounds.


Highlighting the recent acquisition of Refinitiv, the broker expects 2021-23 EPS growth of 35%, 37% and 46% respectively.

According to the broker's estimates, growth in ESG data revenue and Tradeweb could add £644m to LSE's revenue by 2025, against downside risk that is limited to 474 million pounds.


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