Analyst Ratings and Forecasts
Consensus estimates (as at 1 November 2022)
Basis of consensus
Consensus has been compiled from financial estimates (models) provided by third-party research analysts. Models which include material errors in calculation have been excluded.
Consensus is based on 15 analyst models updated and published since LSEG's Q3 2022 trading update (issued 21 October 2022) on a pro-forma and consistent basis.
Download LSEG's 2022-24 consensus, including highs and lows for each year.
|Consensus target share price (p)||9,304|
|Share price as of 1/11/2022 (p)||7,566|
|Trading & Banking Solutions||1,614||1,724||1,750|
|Enterprise Data Solutions||1,301||1,438||1,511|
|Customer & Third-Party Risk Solutions||422||492||543|
|Data & Analytics||4,948||5,455||5,729|
|Fixed Income, Derivatives & Other||967||1,135||1,252|
|Securities & Reporting||237||243||248|
|Post Trade income||983||1,040||1,084|
|Total Income (excl. recoveries)||7,439||8,194||8,651|
|Total Income (incl. recoveries)||7,771||8,532||8,989|
|Cost of Sales||(1,082)||(1,173)||(1,216)|
|Income from equity investments||7||7||8|
|Share of profit / (loss) after tax of associates||1||1||1|
|Adjusted EBITDA margin (%) ex-recoveries||48.2%||49.1%||50.6%|
|Underlying depreciation and amortisation||(809)||(850)||(866)|
|Adjusted operating profit||2,775||3,173||3,511|
|Net finance expense||(180)||(199)||(189)|
|Adjusted profit before tax||2,596||2,974||3,322|
|Adjusted profit after tax||2,044||2,296||2,555|
|Underlying profit from continuing operations||1,777||1,997||2,225|
|Weighted Average number of shares||555.3||548.6||546.6|
|Adjusted basic EPS||320.0||364.0||407.1|
|Total Dividend (p)||106.0||117.3||130.5|
See list of sell-side analysts who cover London Stock Exchange Group plc.
Please note that any opinions, estimates or forecasts regarding London Stock Exchange Group plc performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of the London Stock Exchange Group plc or its management. The number of analysts that are included in the above consensus may differ from the total number of analysts that cover the London Stock Exchange Group plc, due to out of date forecasts (from before the latest set of results) or change at the analysts' company.
|Continuing operations only:||Income*||Adjusted
|Mar 2008 Pro Forma #||667||345||67.3||22.1|
^ 2015 and 2016 continuing operations exclude businesses sold, being Russell Investment Management and Proquote
*From 2021 onwards, Income represents Total Income excluding recoveries
**2020 and 2021 financials stated on a statutory basis, as reported
*** Change of financial year with effect from 1 April 2014, Dec 2014 dividend declared of 22.5p is in respect of 9 month period April to December 2014.
Adjusted earnings per share and dividends have been restated for the year ended 31 March 2014 and prior years, for the September 2014 rights issue
# Financial information for the year ended 31 March 2008 includes information for the Italian group and its subsidiaries on a pro forma basis as if Borsa Italiana was part of the Group since 1 April 2007 (actual merger date 1 October 2007).