London Stock Exchange Group plc (LON:LSEG – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 9,436.17 ($118.95).
LSEG has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of London Stock Exchange Group in a report on Monday, July 3rd. Barclays reaffirmed an “overweight” rating and issued a GBX 9,200 ($115.97) price target on shares of London Stock Exchange Group in a report on Thursday, June 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on London Stock Exchange Group from GBX 9,900 ($124.80) to GBX 9,967 ($125.64) and gave the company an “overweight” rating in a research note on Wednesday, July 12th.
London Stock Exchange Group Price Performance
London Stock Exchange Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, September 20th. Investors of record on Thursday, August 17th will be given a GBX 35.70 ($0.45) dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a yield of 0.43%. London Stock Exchange Group’s payout ratio is 9,416.67%.
Insiders Place Their Bets
In related news, insider Martin Brand sold 20,089 shares of London Stock Exchange Group stock in a transaction on Monday, July 10th. The shares were sold at an average price of GBX 8,099 ($102.09), for a total value of £1,627,008.11 ($2,050,936.73). Over the last ninety days, insiders have acquired 82,041 shares of company stock valued at $697,460,353 and have sold 100,667 shares valued at $834,390,905. Insiders own 14.98% of the company’s stock.
London Stock Exchange Group Company Profile
London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.
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