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UBS rates London Stock Exchange Group shares as a buy amid record low valuation and 35% upside potential.

Analyst Insights
07 Jul 2026
Proactive Investors
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Bullish
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UBS has maintained a buy rating on London Stock Exchange Group (LSEG) shares, citing a sharp 13% drop that pushed the stock's valuation to a 14-year low. The Swiss bank sees about 35% upside, with a price target of 11,700p, and expects annual earnings growth of 14-15% through 2028. UBS highlights that the market undervalues LSEG's data and analytics division, pricing it below £1 billion, despite potential AI disruption risks being limited to part of the business. The bank anticipates revenue growth from LSEG's MCP server, which connects AI models to its data, with wider adoption expected in early 2027, potentially boosting investor confidence.

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