LSEG share price flashes bullish pattern amid new settlement service launch
LSEG's share price is showing a bullish pattern despite recent pressures, coinciding with the launch of a new settlement service.Summary
London Stock Exchange Group (LSEG) share price has faced challenges in 2025 due to a slowdown in its exchange business and the UK IPO drought, falling to a low of 8,102p. However, the stock is now exhibiting a bullish pattern, suggesting potential gains. This positive outlook coincides with LSEG’s launch of a new settlement service, the Digital Settlement House, in partnership with Canton, designed to enable instant settlement between independent payment networks for transactions like foreign exchange and digital assets.
Despite the IPO challenges, LSEG’s overall performance remains solid, with Q3 revenue reaching £2.21 billion, driven by growth in its risk intelligence and data analytics businesses. The company also announced a substantial £3.5 billion share buyback. Analysts maintain a favorable view of LSEG stock, with an average price target of 12,330p, significantly above the current price.
Technical analysis reveals a double-bottom pattern forming, with a neckline at 10,020p. The stock has surpassed the 50-day EMA, indicating a likely rebound towards the neckline, potentially leading to further gains towards last year’s high of 12,000p. However, a drop below 8,102p would negate this bullish forecast.
(Source：Invezz)