The London Stock Exchange Group [LON:LSEG] has announced a third quarter trading update for the three months ended 30 September 2022, with good growth reported across all divisions. Total income was up 5.9% on a constant currency basis, and up 7.0% adjusting for Ukraine and Russia conflict impact.
The London exchange reported continued good progress on its Refinitiv integration: revenue and cost synergies were in line with targets. The LSE said it remained confident in further growth - and it issued no change to guidance or targets. In this article we run the numbers of the shares using the powerful AI analytics from Deshe Analytics to evaluate whether London Stock Exchange Group is a Buy or a Hold. We also get some download on the shares from an independent wealth manager.
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