LSEG suffering from sluggish earnings momentum, says UBS

UBS has maintained a neutral rating on London Stock Exchange Group PLC (LSE:LSEG) shares despite the capital markets and data firm having a relative discount to its US counterparts. Analysts at the bank pointed out LSEG’s lack of earnings momentum to justify their neutral stance. According to UBS, LSEG's earnings momentum has significantly lagged behind its peers, causing the ongoing valuation discount. Since the end of 2022, LSEG's consensus EPS for 2024/25 has been reduced by 11-12%, contrasting with the ...