BUZZ-LSE: shares hit record as top broker lifts target price

** London Stock Exchange (Other OTC: LDNXF - news) boosted as Numis hikes TP for exchange operator following co's recent move to put Russell Investments up for sale

** Numis - rated at five stars for recommendation accuracy on LSE, according to StarMine - lifts TP to 2,300p vs 2,074p

** Russell Investments is the asset management arm of Frank Russell Co, which LSE bought last year from insurer Northwestern Mutual for $2.7 bln

** Motivation for purchase largely to expand into indexes business & push into US

** LSE has already received a number of expressions of interest in the unit which, according to a recent Reuters report, it plans to sell for about $1.4 bln

** Numis says that, if achieved, this sale price would add further c.50-60p to its TP

** LSE is second-best performing exchange operator globally over past year, up 34 pct. HKEx (HKSE: 0388-OL.HK - news) maintains No. 1 position, up 46 pct Chart: http://link.reuters.com/kur43w (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net RM:vikram.subhedar.thomsonreuters.com@reuters.net)