London Stock Exchange Group (LON:LSEG) Given Overweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of London Stock Exchange Group (LON:LSEG) in a report released on Wednesday morning, MarketBeat reports.

Several other analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of London Stock Exchange Group from £127 to £128 and gave the company a “buy” rating in a research report on Friday, August 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a £132 target price on shares of London Stock Exchange Group in a research note on Thursday, July 31st. Finally, Citigroup raised their target price on shares of London Stock Exchange Group from £130 to £132 and gave the company a “buy” rating in a research note on Monday, August 4th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of £130.

London Stock Exchange Group Stock Down 1.0%

Shares of LSEG stock opened at GBX 8,742 on Wednesday. The company has a market capitalization of £45.78 billion, a price-to-earnings ratio of 4,707.59, a PEG ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a one year low of GBX 8,727 and a one year high of £121.85. The company’s fifty day moving average price is GBX 9,880.08 and its 200-day moving average price is £107.66. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01.

London Stock Exchange Group (LON:LSEG) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 208.90 EPS for the quarter. London Stock Exchange Group had a net margin of 7.93% and a return on equity of 2.92%. Sell-side analysts expect that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group declared that its Board of Directors has approved a share repurchase program on Thursday, July 31st that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other London Stock Exchange Group news, insider Michel-Alain Proch acquired 5,686 shares of the company’s stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of GBX 9,340 per share, with a total value of £531,072.40. Also, insider Lloyd Pitchford acquired 1,500 shares of the company’s stock in a transaction on Monday, August 4th. The stock was acquired at an average cost of GBX 9,413 per share, with a total value of £141,195. Insiders acquired 9,186 shares of company stock valued at $86,030,740 in the last three months. Corporate insiders own 0.29% of the company’s stock.

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.