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Coinbase has surpassed Nasdaq and the Hong Kong Stock Exchange in transaction revenue, generating $5.75 billion over the past year, though it still lags in trading volume. Despite a recent revenue dip to $1.2 billion in Q3 2024, analysts predict growth potential in international markets. CEO Mouloukou Sanoh anticipates Coinbase could become a leading global exchange in the next decade.
London Stock Exchange Group Plc has been upgraded to a Buy rating by UBS. The company's revenue is primarily generated from the publication and distribution of stock exchange information and data analysis (69.9%), followed by trading services (19.2%) and post-trade services (10.9%). Geographically, revenues are derived from the United Kingdom (30.9%), Europe (14.9%), the United States (36.6%), Asia (12.3%), and other regions (5.3%).
As the new year approaches, investors should be aware of the London Stock Exchange's trading hours during the festive period and into 2025. The exchange will be closed on Christmas Day and Boxing Day, reopening briefly on New Year’s Eve and fully on January 2. In 2025, it will observe 10 days of closure, including bank holidays, with trading hours typically from 8am to 4:30pm on weekdays.
UBS has upgraded the London Stock Exchange (LSE) shares from "Neutral" to "Buy," raising the price target from 11,500 to 13,500 pence. Analyst Michael Werner noted that despite strong recent performance, the shares remain relatively cheap, with expected profit growth of 15% annually until 2027. The upcoming quarterly report is anticipated to be a key price driver, particularly in comparison to competitors.
UBS has upgraded LSEG to a ‘buy’ rating from ‘neutral’ and raised its price target by 17% to 13,500p. The firm anticipates accelerated revenue growth, a 100 basis points annual EBITDA margin expansion, and a 15% annual EPS growth over the next three years, suggesting a potential 20-25% upside if expectations are met. Despite these positive forecasts, LSEG is still valued significantly lower than US and EU Info Services peers.
UBS has upgraded the London Stock Exchange (LSE) from "Neutral" to "Buy," raising the price target from 11,500 to 13,500 pence. Analyst Michael Werner noted that despite recent strong performance, LSE shares remain relatively cheap, with expected profit growth of 15% annually until 2027, making it an attractive investment. The upcoming quarterly report is anticipated to be a key price driver, particularly in comparison with competitors.
UBS has upgraded the London Stock Exchange (LSE) shares from "Neutral" to "Buy," increasing the target price from 11,500 to 13,500 pence. Analyst Michael Werner noted that despite recent strong performance, the shares remain relatively cheap, with expected profit growth of 15% annually until 2027, presenting an attractive risk/reward profile. The upcoming quarterly report is anticipated to be a key price driver, particularly in comparison to competitors.
UBS has adopted a positive outlook on the London Stock Exchange Group Plc, a prominent European stock exchange. The company's revenue sources are primarily from stock market information and analytical data (69.9%), trading services (19.2%), and post-trading services (10.9%). Geographically, revenue distribution includes the United Kingdom (30.9%), Europe (14.9%), the United States (36.6%), Asia (12.3%), and other regions (5.3%).
UBS has increased its target price for the London Stock Exchange from 10,100 to 11,500 pence while maintaining a "Neutral" rating. Analyst Michael Werner noted that the strong US dollar is boosting the exchange operator's profits, prompting a shift in the valuation basis in his cash flow model.
UBS has maintained a neutral recommendation for London Stock Exchange Group Plc, a leading European stock exchange. The company's revenue sources include stock market information and analytical data (69.9%), trading services (19.2%), and post-trading services (10.9%). Geographically, revenues are derived from the United Kingdom (30.9%), Europe (14.9%), the United States (36.6%), Asia (12.3%), and other regions (5.3%).
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