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Home / Momentum / London Stock Exchange (LSE.L) 21-04-20

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) 21-04-20

London Stock Exchange (LSE.L) has continued to rally strongly, setting new recent highs. Will the momentum persist?

  • Now trading at 7620p (at time of writing), momentum has been robust.
  • Will it end, or is this trend your friend?
  • Is this the opportunity for momentum traders?
  • Momentum has been robust, but traders should remember that past performance is not always an indication of the future.
  • Technical traders should be mindful of breaking news. It can influence price action. Check our website for updates.
  • Shares -10% from 12-month highs; +52% from 12 month lows.

Latest News

20 Apr:  Berenberg reiterates its buy rating on LSE Group (LSE) and increased the target price to 8490p (from 8115p).

09 Apr:  Deutsche Bank reiterates its hold rating on LSE Group (LSE) and reduced the target price to 7400p (from 7700p).

31 Mar:  Credit Suisse reiterates its outperform rating on LSE Group (LSE) and reduced the target price to 7590p (from 8340p).

16 Mar:  LSE announced that US foreign investment regulators had approved its proposed takeover of Refinitiv, the financial information company, for $27bn.

10 Mar:  David Warren, Executive Director, exercised 9,677 shares within the firm on the 10th March 2020. This Director currently has 147,878 shares.

10 Mar:  David Warren, Executive Director, sold post-exercise 4,556 shares within the firm on the 10th March 2020 at a price of 7406p. This Director currently has 143,322 shares.

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

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