London Stock Exchange Group plc (LSEG) To Go Ex-Dividend on April 28th

London Stock Exchange Group plc (LON:LSEG – Get Rating) declared a dividend on Thursday, March 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 28th will be given a dividend of GBX 70 ($0.89) per share on Wednesday, May 25th. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Thursday, April 28th. The official announcement can be viewed at this link.

LSEG opened at GBX 8,192 ($104.41) on Tuesday. The firm has a market cap of £45.72 billion and a P/E ratio of 13.95. London Stock Exchange Group has a 1-year low of GBX 6,230 ($79.40) and a 1-year high of GBX 8,546 ($108.92). The company has a 50 day simple moving average of GBX 7,572.47 and a two-hundred day simple moving average of GBX 7,278.83. The company has a debt-to-equity ratio of 32.80, a current ratio of 1.00 and a quick ratio of 0.01.

In other news, insider Kathleen DeRose bought 220 shares of London Stock Exchange Group stock in a transaction dated Thursday, March 3rd. The shares were acquired at an average price of GBX 6,932 ($88.35) per share, with a total value of £15,250.40 ($19,437.17). Also, insider David Schwimmer sold 2,799 shares of the firm’s stock in a transaction dated Tuesday, March 22nd. The stock was sold at an average price of GBX 7,772 ($99.06), for a total transaction of £217,538.28 ($277,260.11).

A number of research firms have weighed in on LSEG. Morgan Stanley reiterated an “overweight” rating on shares of London Stock Exchange Group in a research report on Wednesday, February 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 7,500 ($95.59) target price on shares of London Stock Exchange Group in a research report on Friday, March 4th. Citigroup upgraded shares of London Stock Exchange Group to a “buy” rating and upped their target price for the stock from GBX 8,600 ($109.61) to GBX 9,300 ($118.53) in a research report on Wednesday, January 5th. Berenberg Bank restated a “buy” rating and set a £100 ($127.45) target price on shares of London Stock Exchange Group in a research report on Tuesday, March 22nd. Finally, Barclays dropped their target price on shares of London Stock Exchange Group from GBX 9,500 ($121.08) to GBX 9,200 ($117.26) and set an “overweight” rating for the company in a research report on Tuesday, March 22nd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 9,092.50 ($115.89).

About London Stock Exchange Group (Get Rating)

London Stock Exchange Group plc engages in the market infrastructure business primarily in the United Kingdom, the United States, other European countries, Asia, and internationally. The company operates through three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-trading, and foreign exchange markets, including London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall, and Tradeweb.

Further Reading