London Stock Exchange Group plc (LON:LSEG) Given Average Rating of “Moderate Buy” by Brokerages

London Stock Exchange Group plc (LON:LSEG – Get Rating) has been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 9,558.33 ($118.88).

LSEG has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on London Stock Exchange Group from £103 ($128.11) to GBX 9,900 ($123.13) and set an “overweight” rating on the stock in a report on Thursday, April 20th. Barclays reaffirmed a “buy” rating and issued a £100 ($124.38) target price on shares of London Stock Exchange Group in a report on Friday, April 28th. Bank of America reaffirmed a “buy” rating and issued a GBX 9,550 ($118.78) target price on shares of London Stock Exchange Group in a report on Thursday, April 13th. Jefferies Financial Group reissued a “buy” rating on shares of London Stock Exchange Group in a report on Wednesday, March 22nd. Finally, Royal Bank of Canada decreased their price target on London Stock Exchange Group from £105 ($130.60) to £102 ($126.87) and set an “outperform” rating on the stock in a report on Wednesday, February 1st.

London Stock Exchange Group Stock Performance

LSEG stock opened at GBX 8,472 ($105.37) on Tuesday. The company has a market cap of £42.47 billion, a P/E ratio of 6,051.43, a price-to-earnings-growth ratio of 2.58 and a beta of 0.37. London Stock Exchange Group has a 1 year low of GBX 6,710 ($83.46) and a 1 year high of GBX 8,612 ($107.11). The company has a debt-to-equity ratio of 31.34, a current ratio of 1.00 and a quick ratio of 0.01. The stock’s fifty day moving average price is GBX 8,016.20 and its 200-day moving average price is GBX 7,728.60.

London Stock Exchange Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 24th. Investors of record on Thursday, April 20th will be paid a GBX 75.30 ($0.94) dividend. This is an increase from London Stock Exchange Group’s previous dividend of $31.70. The ex-dividend date of this dividend is Thursday, April 20th. This represents a yield of 1.01%. London Stock Exchange Group’s payout ratio is 7,642.86%.

Insider Transactions at London Stock Exchange Group

In other news, insider David Schwimmer sold 4,539 shares of the company’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of GBX 7,505 ($93.35), for a total transaction of £340,651.95 ($423,696.46). In other news, insider Martin Brand sold 10,576 shares of the business’s stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of GBX 7,840 ($97.51), for a total transaction of £829,158.40 ($1,031,291.54). Also, insider David Schwimmer sold 4,539 shares of the business’s stock in a transaction on Monday, March 6th. The shares were sold at an average price of GBX 7,505 ($93.35), for a total transaction of £340,651.95 ($423,696.46). Over the last three months, insiders have acquired 116,045 shares of company stock valued at $935,043,641 and have sold 88,095 shares valued at $706,107,926. Insiders own 21.71% of the company’s stock.

About London Stock Exchange Group

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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.