London Stock Exchange Group’s (LSEG) Buy Rating Reaffirmed at Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a report released on Thursday, London Stock Exchange reports. They currently have a £110 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 16.65% from the stock’s current price.

Other research analysts have also issued reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and set a £136 target price on shares of London Stock Exchange Group in a report on Friday, July 31st. Citigroup cut their price target on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of £124.

London Stock Exchange Group Trading Up 8.9%

London Stock Exchange Group stock traded up GBX 773.83 during midday trading on Thursday, hitting GBX 9,430. 16,448,551 shares of the stock were exchanged, compared to its average volume of 16,263,171. The company has a fifty day simple moving average of GBX 8,521.78 and a two-hundred day simple moving average of GBX 8,829.85. London Stock Exchange Group has a 52 week low of GBX 6,684 and a 52 week high of £101.40. The stock has a market capitalization of £45.36 billion, a PE ratio of 33.91, a P/E/G ratio of 1.72 and a beta of 0.41. The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25.

London Stock Exchange Group (LON:LSEG) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. Equities research analysts anticipate that London Stock Exchange Group will post 405.50 EPS for the current fiscal year.

London Stock Exchange Group announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 30th that allows the company to buy back 0 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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.