London Stock Exchange Group: We See The Upside

Mare Evidence Lab
5.77K Followers

Summary

  • Strong bottom line performance and rationale thanks to the business combination between LSE and Refinitiv.
  • Limited exposure to Russia and Ukraine.
  • Solid results, strong management team, a DPS increase by 27% leads us to affix a buy rating.
Markets React To UK Government Proroguing Parliament

Chris J Ratcliffe/Getty Images News

After our recent upgrade on Euronext (OTCPK:EUXTF, OTCPK:ERNXY), we have decided to move forward and analyse the London Stock Exchange Group plc (OTCPK:LDNXF, OTCPK:LNSTY). The UK exchange engages in the primary and secondary market

This article was written by

5.77K Followers
Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no responsibility for your investments but wish you best of luck.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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