LSEG's Share Price Likely to Reflect AI Discount in Near-Term
Dow Jones
Oct 08
0840 GMT - London Stock Exchange Group investors will likely want to see the exchange owner monetizing increased artificial-intelligence adoption by clients, UBS analysts write. They add that expectations on this front are low in the near-term given management's commentary at the first half-year earnings. "We expect LSEG will remain a 'Show Me' story with investors which means its share price will likely reflect a material AI discount in the near-term," the analysts say. UBS has a buy rating on the stock and 117.00 pound target price. Shares are up 2.2% at 84.96 pounds, but 5.1% lower over the year to date.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.