London Stock Exchange Group plc (LON:LSEG) Receives GBX 9,717.50 Consensus Target Price from Analysts

London Stock Exchange Group plc (LON:LSEG) has earned a consensus rating of “Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 9,854 ($123.28).

Several analysts recently issued reports on LSEG shares. Citigroup restated a “buy” rating on shares of London Stock Exchange Group in a research note on Monday, November 6th. Royal Bank of Canada reissued an “outperform” rating and issued a £102 ($127.61) target price on shares of London Stock Exchange Group in a research report on Monday. JPMorgan Chase & Co. reissued an “overweight” rating on shares of London Stock Exchange Group in a report on Friday. Finally, Berenberg Bank boosted their price objective on shares of London Stock Exchange Group from £100 ($125.11) to £104 ($130.11) and gave the company a “buy” rating in a report on Monday.

London Stock Exchange Group Trading Down 0.1 %

Shares of LON:LSEG opened at GBX 8,636 ($108.04) on Tuesday. London Stock Exchange Group has a 12-month low of GBX 7,052 ($88.23) and a 12-month high of GBX 8,818 ($110.32). The stock has a market cap of £44.96 billion, a PE ratio of 7,145.45, a P/E/G ratio of 2.88 and a beta of 0.34. The business has a 50 day moving average of GBX 8,305.88 and a 200-day moving average of GBX 8,330.82. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 36.08.

Insider Transactions at London Stock Exchange Group

In other news, insider Martin Brand sold 14,966,652 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of GBX 7,950 ($99.46), for a total transaction of £1,189,848,834 ($1,488,613,579.38). 14.98% of the stock is currently owned by insiders.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.