Report
Eric Compton
EUR 101.80 For Business Accounts Only

With its Open Access model, we think London Stock Exchange is the best-positioned European exchange.

Nothing in wide-moat-rated London Stock Exchange’s full-year or fourth-quarter results alters our long-term view of the firm. We will maintain our GBX 4,050 fair value estimate and our wide moat rating.
The exchange’s total income (revenue and net treasury income) came in right in line with our projection for full-year 2017, an increase of 18% year over year. Information services had a strong showing, and total income rose by 24% year over year. On an organic and constant-currency basis, the seg...
Underlying
London Stock Exchange Group plc

London Stock Exchange Group is a global markets infrastructure business based in the United Kingdom. Co's operating segments include: Information Services, which provides a range of information and data products including indexes and benchmarks; Post Trade Services LCH, which provides clearing services through which counterparty risk is mitigated across multiple asset classes; Capital Markets, provides access to capital for domestic and international businesses and electronic platforms for secondary market trading of equities, bonds and derivatives; and Group Technology, which provides secure technologies to customers that require performance at high levels of availability and throughput.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch