London Stock Exchange Group plc (LON:LSEG) Receives Average Rating of “Buy” from Analysts

London Stock Exchange Group plc (LON:LSEG) has earned a consensus recommendation of “Buy” from the six analysts that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have covered the stock in the last year is £122.

Several brokerages have recently commented on LSEG. JPMorgan Chase & Co. upped their price objective on shares of London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a report on Friday, April 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a £110 target price on shares of London Stock Exchange Group in a research note on Friday, April 24th. Citigroup cut their target price on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft cut their target price on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research note on Monday, January 26th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a £135 target price on shares of London Stock Exchange Group in a research note on Wednesday, March 4th.

Insider Activity at London Stock Exchange Group

In other London Stock Exchange Group news, insider Michel-Alain Proch sold 5,304 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of GBX 8,557, for a total value of £453,863.28. Also, insider David Schwimmer sold 4,600 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of GBX 8,778, for a total transaction of £403,788. Over the last ninety days, insiders have sold 18,767 shares of company stock worth $163,156,844. 0.30% of the stock is owned by insiders.

London Stock Exchange Group Stock Performance

Shares of LSEG stock opened at GBX 9,370 on Wednesday. The firm’s 50 day moving average price is GBX 9,070.25 and its 200-day moving average price is GBX 8,760.66. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64. London Stock Exchange Group has a one year low of GBX 6,684 and a one year high of £118.10. The firm has a market cap of £46.08 billion, a P/E ratio of 39.54, a P/E/G ratio of 1.72 and a beta of 0.39.

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

London Stock Exchange Group announced that its Board of Directors has authorized a stock repurchase program on Thursday, April 9th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

London Stock Exchange Group Company Profile

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.