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

London Stock Exchange Group plc (LON:LSEG) 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

Shares of LON LSEG opened at GBX 8,196 ($103.32) on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 36.08. The stock has a fifty day simple moving average of GBX 8,250.58 and a two-hundred day simple moving average of GBX 8,106.88. London Stock Exchange Group has a 1-year low of GBX 7,052 ($88.89) and a 1-year high of GBX 8,818 ($111.16). The firm has a market cap of £40.95 billion, a price-to-earnings ratio of 6,830.00, a price-to-earnings-growth ratio of 2.68 and a beta of 0.35.

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.