London Stock Exchange Group plc (LON:LSEG) Insider Lloyd Pitchford Buys 1,500 Shares

London Stock Exchange Group plc (LON:LSEG) insider Lloyd Pitchford acquired 1,500 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was acquired at an average cost of GBX 9,413 ($125.11) per share, for a total transaction of £141,195 ($187,659.49).

London Stock Exchange Group Price Performance

LSEG opened at GBX 9,636 ($128.07) on Tuesday. The company’s 50 day simple moving average is £107.73 and its 200 day simple moving average is £112.05. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. London Stock Exchange Group plc has a 1 year low of GBX 9,050 ($120.28) and a 1 year high of £121.85 ($161.95). The stock has a market capitalization of £51.01 billion, a PE ratio of 75.57, a P/E/G ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG) last released its earnings results on Thursday, July 31st. The company reported GBX 208.90 ($2.78) earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 7.93% and a return on equity of 2.92%. As a group, sell-side analysts expect that London Stock Exchange Group plc will post 405.5009823 EPS for the current year.

London Stock Exchange Group declared that its board has approved a stock buyback plan on Thursday, July 31st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts recently commented on LSEG shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of London Stock Exchange Group from £127 ($168.79) to £128 ($170.12) and gave the company a “buy” rating in a research note on Friday. Canaccord Genuity Group reissued a “buy” rating on shares of London Stock Exchange Group in a research note on Tuesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of London Stock Exchange Group from £127 ($168.79) to £128 ($170.12) and gave the stock an “overweight” rating in a research note on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a £132 ($175.44) price target on shares of London Stock Exchange Group in a research note on Thursday, July 31st. Finally, Citigroup raised their price target on shares of London Stock Exchange Group from £130 ($172.78) to £132 ($175.44) and gave the stock a “buy” rating in a research note on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of £130 ($172.78).

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.