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Home / Momentum / London Stock Exchange (LSE.L) 04-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

London Stock Exchange (LSE.L) 04-02-20

Will shares in London Stock Exchange (LSE.L) continue to rally, setting new recent highs?

 

  • Now trading at 7984p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +77% from 12 month lows.

Latest News

07 Jan:  UBS reiterates its neutral rating on London Stock Exchange Group (LSE) and reduced the target price to 7600p (from 7700p).

16 Dec:  London Stock Exchange announced that Chris Corrado, the information and operations head, was due to leave the group in March.

 

18 Oct:  UBS reiterates its neutral rating on London Stock Exchange Group (LSE) and increased the target price to 7700p (from 5550p).

18 Oct:  London Stock Exchange announced that its revenue improved by 12% within Q3, driven by its information services and clearing segments. Good trading volumes underpinned growth.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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