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

London Stock Exchange Group plc (LON:LSEG) has received an average rating of “Buy” from the six analysts that are currently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have covered the stock in the last year is £120.83.

LSEG has been the subject of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a report on Friday, July 31st. Citigroup decreased their target price on London Stock Exchange Group from £129 to £127 and set a “buy” rating for the company in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a report on Friday, July 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a £136 price objective on shares of London Stock Exchange Group in a research note on Friday, July 31st.

London Stock Exchange Group Stock Down 0.4%

LSEG stock opened at GBX 8,942 on Friday. The company’s 50 day simple moving average is GBX 8,662.41 and its 200-day simple moving average is GBX 8,780.37. The firm has a market capitalization of £43.54 billion, a PE ratio of 32.15, a P/E/G ratio of 1.72 and a beta of 0.39. London Stock Exchange Group has a 12 month low of GBX 6,684 and a 12 month high of £101.40. The company has a debt-to-equity ratio of 72.25, a current ratio of 253.33 and a quick ratio of 0.01.

London Stock Exchange Group (LON:LSEG) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 244.90 EPS for the quarter. London Stock Exchange Group had a return on equity of 7.35% and a net margin of 14.67%. Equities analysts expect that London Stock Exchange Group will post 405.5009823 earnings per share for the current fiscal year.

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