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London City Equities Ltd ( (AU:LCE) ) has issued an update.
London City Equities has guided to a strong half-year to 31 December 2025, with net assets rising to $27.9 million from $23.6 million a year earlier and net assets per share increasing to 88 cents from 75 cents, driven by an 18% uplift in investment portfolio values and the profitable exit of its remaining stake in Fiducian Group, which delivered a $5.6 million capital gain. The company’s balance sheet has strengthened markedly, with cash and equivalents more than doubling to $17.1 million as equity holdings were trimmed, while progress in its dispute with Excelsior Capital, which has agreed to an internal managed liquidation in exchange for the withdrawal of litigation, is expected to release further liquid funds and position London City Equities for new long-term investments once the Excelsior wind-up is completed.
The most recent analyst rating on (AU:LCE) stock is a Hold with a A$0.87 price target. To see the full list of analyst forecasts on London City Equities Ltd stock, see the AU:LCE Stock Forecast page.
More about London City Equities Ltd
London City Equities Ltd is an Australian investment company that manages a portfolio of listed equities, with a focus on long-term holdings that meet stringent investment criteria. The company actively allocates capital across financial and other sectors and has historically held significant positions such as in Fiducian Group and a 9% stake in Excelsior Capital, using selective portfolio rotation and corporate actions to drive shareholder value.
Average Trading Volume: 487
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.98M
For an in-depth examination of LCE stock, go to TipRanks’ Overview page.