Consensus estimates

Analyst Ratings and Forecasts

Consensus estimates (as at 4 May 2020)

Analyst Ratings

 

Outperform

7

Hold

4

Underperform

2

 

 

Share price (4 May 2020) :

7,426

Historic PE ratio (CY 2019) :

37.1

Forward PE ratio (CY 2020) :

34.3

Forward PE ratio (CY 2021) :

32.4

Dividend yield (historic - CY 2019) :

0.9%

 

Analyst Forecasts

Consensus based on 9 analyst models published post Q1 2020 results (issued 21 April 2020) and 4 models published post Preliminary results (issued 28 February 2020), with data on a consistent basis. 

Financial Year Average High Low
Total Income £m Dec 2020 2,398 2,454 2,363
Dec 2021 2,498 2,572 2,431
      Dec 2022 2,642 2,726 2,567
 
Earnings before interest, tax, depreciation and amortisation  Dec 2020 1,334 1,406 1,275
Dec 2021 1,404 1,510 1,358
Dec 2022 1,512 1,645 1,446
 
Adjusted Operating profit £m Dec 2020 1,100 1,171 1,040
Dec 2021 1,160 1,275 1,104
      Dec 2022 1,257 1,410 1,188
 
Adjusted basic EPS (pence) Dec 2020 216.3 228.9 200.5
Dec 2021 229.2 250.5 213.6
      Dec 2022 250.1 278.4 235.1
 
Dividend (pence) Dec 2020 75.6 80.3 70.0
Dec 2021 80.8 87.8 73.7
Dec 2022 87.8 96.8 74.7
 
 
Actuals
Adjusted
operating Adjusted
Continuing operations only: Income profit basic EPS Dividend
£m £m (pence) (pence)
Dec 2019 2,314 1,065 200.3 70.0
Dec 2018 2,135 931 173.8 60.4
Dec 2017 1,955 812 148.7 51.6
Dec 2016^ 1,657 686 124.7 43.2
Dec 2015^ 1,419 585 103.4 36.0
Dec 2014* 1,381 558 103.3 22.5
Mar 2014 1,213 515 98.6 28.4
Mar 2013 853 430 97.0 27.2
Mar 2012 815 442 92.6 26.1
Mar 2011 675 341 67.9 24.7
Mar 2010 628 280 55.4 22.5
Mar 2009 671 341 68.3 22.5
Mar 2008 Pro Forma # 667 345 67.3 22.1
Mar 2007 350 188 51.8 16.6
Mar 2006 298 122 34.5 11.1

^ 2015 and 2016 continuing operations exclude businesses sold, being Russell Investment Management and Proquote 

* 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).

The sell-side analysts who cover London Stock Exchange Group plc are listed here.

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 (more than 6 months since update) or change at the analysts' company.