London Stock Exchange Group’s (LSEG) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

London Stock Exchange Group (LON:LSEG)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research note issued on Wednesday, Marketbeat reports. They presently have a £135 price target on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 55.85% from the stock’s current price.

A number of other research firms have also recently weighed in on LSEG. JPMorgan Chase & Co. increased their price objective on London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft cut their price target on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a report on Monday, January 26th. Jefferies Financial Group reaffirmed a “buy” rating and issued a £115 price objective on shares of London Stock Exchange Group in a report on Monday, January 19th. Finally, Citigroup reduced their price target on London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a report on Tuesday, January 27th. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of £122.

London Stock Exchange Group Stock Performance

LSEG stock traded up GBX 110 on Wednesday, hitting GBX 8,662. The company’s stock had a trading volume of 18,440,504 shares, compared to its average volume of 23,445,545. The stock has a market cap of £43.80 billion, a price-to-earnings ratio of 46.65, a price-to-earnings-growth ratio of 1.72 and a beta of 0.36. The firm has a 50 day moving average of GBX 8,370.49 and a two-hundred day moving average of GBX 8,703.81. The company has a current ratio of 229.64, a quick ratio of 0.01 and a debt-to-equity ratio of 59.24. London Stock Exchange Group has a 1 year low of GBX 6,684 and a 1 year high of £118.95.

London Stock Exchange Group (LON:LSEG) last posted 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%. Equities analysts predict that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group declared that its Board of Directors has authorized a share repurchase plan on Tuesday, November 4th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership 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.