London Stock Exchange Group (LON:LSEG) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research note issued to investors on Monday, October 5th, MarketBeat reports.

A number of other equities research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a research note on Friday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating and set a £136 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Finally, Citigroup lowered their price objective on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating for the company in a research report on Friday, August 7th. Six analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of £120.83.

London Stock Exchange Group Stock Performance

LON:LSEG traded up GBX 139.62 on Monday, hitting GBX 8,809.85. The company’s stock had a trading volume of 866,077 shares, compared to its average volume of 16,785,422. The company has a current ratio of 253.33, a quick ratio of 0.01 and a debt-to-equity ratio of 72.25. The stock has a fifty day moving average of GBX 8,521 and a two-hundred day moving average of GBX 8,822.02. The firm has a market capitalization of £42.38 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a one year low of GBX 6,684 and a one year high of £101.40.

London Stock Exchange Group (LON:LSEG) last posted its earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share for the quarter. London Stock Exchange Group had a return on equity of 7.35% and a net margin of 14.67%. Research analysts predict that London Stock Exchange Group will post 405.50 earnings per share for the current year.

London Stock Exchange Group declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 30th that allows the company to repurchase 0 shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board 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.