London Stock Exchange Group plc (LON:LSEG) Given Average Recommendation of “Buy” by Brokerages

Shares of London Stock Exchange Group plc (LON:LSEG) have been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have issued a report on the stock in the last year is £122.

Several equities research analysts have recently issued reports on LSEG shares. Citigroup decreased their target price on London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Royal Bank Of Canada restated an “outperform” rating and set a £135 price objective on shares of London Stock Exchange Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research report on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating and set a £115 target price on shares of London Stock Exchange Group in a research report on Monday, January 19th. Finally, JPMorgan Chase & Co. raised their price target on shares of London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a research note on Thursday, January 29th.

London Stock Exchange Group Price Performance

London Stock Exchange Group stock opened at GBX 8,772 on Friday. London Stock Exchange Group has a 52 week low of GBX 6,684 and a 52 week high of £118.95. The company’s 50 day moving average price is GBX 8,362.45 and its two-hundred day moving average price is GBX 8,703.38. The stock has a market cap of £44.36 billion, a P/E ratio of 47.24, a P/E/G ratio of 1.72 and a beta of 0.42. The company has a quick ratio of 0.01, a current ratio of 229.64 and a debt-to-equity ratio of 59.24.

London Stock Exchange Group (LON:LSEG) last released its earnings results on Thursday, February 26th. The company reported GBX 420.60 earnings per share (EPS) for the quarter. London Stock Exchange Group had a return on equity of 6.10% and a net margin of 13.41%. On average, equities analysts predict that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.