LSE Group: UBS still says buy, but cuts TP

(CercleFinance.com) - UBS reinstates its 'buy' rating on LSE Group shares, while lowering its target price for them from 10,100 pence to 9,800 pence, a new target that nonetheless leaves 16% upside potential for the British stock exchange group's shares.


"While our core bullish thesis on LSEG remains, recent GBP strength likely to drive moderate 2-3% declines to consensus EPS (for 2023-25)," the broker warns in its summary.


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