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

Shares of London Stock Exchange Group plc (LON:LSEG) have been assigned a consensus rating of “Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is £101.64 ($127.69).

Several equities research analysts have recently issued reports on LSEG shares. Berenberg Bank reiterated a “buy” rating and set a £110 ($138.19) price objective on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Citigroup reiterated a “top pick” rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st.

Insiders Place Their Bets

In related news, insider Cressida Hogg bought 533 shares of the business’s stock in a transaction dated Tuesday, March 19th. The shares were purchased at an average price of GBX 9,410 ($118.22) per share, with a total value of £50,155.30 ($63,009.17). In related news, insider David Schwimmer sold 11,999 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($121.16), for a total value of £1,157,183.56 ($1,453,748.19). Also, insider Cressida Hogg acquired 533 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was purchased at an average cost of GBX 9,410 ($118.22) per share, with a total value of £50,155.30 ($63,009.17). 10.57% of the stock is currently owned by insiders.

London Stock Exchange Group Stock Up 1.2 %

LON LSEG opened at GBX 9,162 ($115.10) on Tuesday. London Stock Exchange Group has a 12 month low of GBX 7,784 ($97.79) and a 12 month high of GBX 9,696 ($121.81). The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 37.70. The stock has a market cap of £48.68 billion, a PE ratio of 6,639.13, a P/E/G ratio of 2.98 and a beta of 0.33. The stock’s 50 day moving average is GBX 9,218.85 and its 200 day moving average is GBX 8,992.31.

London Stock Exchange Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 18th will be issued a GBX 79.30 ($1.00) dividend. This is an increase from London Stock Exchange Group’s previous dividend of $35.70. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 0.89%. London Stock Exchange Group’s dividend payout ratio (DPR) is presently 8,333.33%.

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.