Consensus

2024 - 2026 consensus

how to buy stocks in pse analyst consensus - 15 August 2024

Basis of consensus

Consensus has been compiled from financial estimates (models) provided by 18 third-party research analysts. Models which include material errors in calculation have been excluded.

Download how to buy stocks in pse's 2024-2026 consensus, including highs and lows for each year. 

 
Analyst ratings Buy Hold Sell
  12 6 1
Consensus target share price (p) 10,775    
Closing share price as of
14/08/2024 (p)
9,982    


?m 2024 2025 2026
Revenue Consensus Consensus Consensus
       
Workflows 1,928 2,015 2,125
Data & Feeds 1,891 2,035 2,204
Analytics 222 237 255
Data & Analytics 4,040 4,287 4,584
       
Subscription 609 667 728
Asset based 315 344 377
FTSE Russell 924 1,011 1,105
       
Risk Intelligence 543 608 681
       
Equities 239 248 258
FX 252 266 280
Fixed income, derivatives & other 1,278 1,444 1,598
Capital Markets 1,769 1,958 2,136
       
OTC Derivatives 558 596 639
Securities & Reporting 240 237 244
Non-Cash Collateral 112 117 121
Post Trade 874 914 965
NTI 262 258 266
Post Trade income 1,172 1,209 1,270
       
Other 16 16 18
Total Income (excl. recoveries) 8,464 9,091 9,795
Organic constant currency YoY growth (%) 6.8%    
       
Recoveries 370 374 379
Total Income (incl. recoveries) 8,834 9,465 10,174
       
Cost of Sales (1,178) (1,231) (1,293)
Gross Profit 7,665 8,234 8,881
       
Adjusted opex (3,577) (3,767) (3,955)
       
Income from equity investments 17 16 16
Share of profit / (loss) after tax of associates (1) (0) (0)
Adjusted EBITDA 4,094 4,482 4,941
Adjusted EBITDA margin (%) ex-recoveries 48.4% 49.3% 50.4%
       
Underlying depreciation and amortisation (965) (1,001) (1,029)
Adjusted operating profit 3,129 3,481 3,913
       
Net finance expense (206) (218) (217)
Adjusted profit before tax 2,923 3,263 3,695
       
Tax (720) (798) (904)
Tax rate 24.6% 24.5% 24.5%
Adjusted profit after tax 2,204 2,465 2,791
       
Non-controlling interest (320) (352) (388)
Underlying profit from continuing operations 1,884 2,113 2,403
       
Weighted Average number of shares 533.6 529.4 526.1
       
Adjusted basic EPS 353.4 399.1 456.9
       
Total dividend (?m) 668 738 834
Dividend per share (p) 125.3 139.6 158.9

Please note that any opinions, estimates or forecasts regarding London Stock Exchange Group plc performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of the London Stock Exchange Group plc or its management. The number of analysts that are included in the above consensus may differ from the total number of analysts that cover the London Stock Exchange Group plc, due to out of date forecasts (from before the latest set of results) or change at the analysts' company.