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

Shares of London Stock Exchange Group plc (LON:LSEG) have been assigned an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have covered the stock in the last year is £122.

A number of equities analysts have commented on LSEG shares. Royal Bank Of Canada restated an “outperform” rating and set a £135 price objective on shares of London Stock Exchange Group in a research report on Wednesday, March 4th. Citigroup dropped their price target 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 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 restated a “buy” rating and issued a £115 price objective on shares of London Stock Exchange Group in a research report on Monday, January 19th. Finally, JPMorgan Chase & Co. lifted their price objective on London Stock Exchange Group from £131 to £132 and gave the company an “overweight” rating in a report on Thursday, January 29th.

London Stock Exchange Group Price Performance

London Stock Exchange Group stock opened at GBX 8,752 on Tuesday. London Stock Exchange Group has a 12 month low of GBX 6,684 and a 12 month high of £118.95. The company has a debt-to-equity ratio of 59.24, a current ratio of 229.64 and a quick ratio of 0.01. The business has a 50 day simple moving average of GBX 8,228.35 and a 200-day simple moving average of GBX 8,618.06. The stock has a market capitalization of £44.09 billion, a PE ratio of 47.13, a price-to-earnings-growth ratio of 1.72 and a beta of 0.42.

London Stock Exchange Group (LON:LSEG) last posted its quarterly earnings data on Thursday, February 26th. The company reported GBX 420.60 earnings per share 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 earnings per share for the current year.

Insider Activity at London Stock Exchange Group

In related news, insider David Schwimmer sold 4,600 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of GBX 8,778, for a total transaction of £403,788. Also, insider Michel-Alain Proch sold 5,304 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of GBX 8,557, for a total value of £453,863.28. Insiders sold a total of 18,767 shares of company stock valued at $163,156,844 over the last three months. Insiders own 0.30% of the company’s stock.

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.