London Stock Exchange Group’s (LSEG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of London Stock Exchange Group (LON:LSEG) in a research note issued to investors on Tuesday, MarketBeat.com reports. Jefferies Financial Group currently has a £135 price target on the stock.

A number of other equities research analysts have also recently weighed in on LSEG. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of London Stock Exchange Group in a research note on Wednesday, September 10th. Citigroup lifted their price objective on London Stock Exchange Group from £130 to £132 and gave the company a “buy” rating in a research note on Monday, August 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a £132 price objective on shares of London Stock Exchange Group in a research note on Thursday, July 31st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on London Stock Exchange Group from £127 to £128 and gave the company a “buy” rating in a research note on Friday, August 1st. Six 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 a consensus price target of £128.40.

London Stock Exchange Group Price Performance

LSEG stock opened at GBX 8,744.88 on Tuesday. The business has a fifty day moving average of GBX 9,012.61 and a two-hundred day moving average of £103.69. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 47.39. The stock has a market cap of £45.48 billion, a price-to-earnings ratio of 4,709.14, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a 52-week low of GBX 8,094 and a 52-week high of £121.85.

London Stock Exchange Group (LON:LSEG) last issued its quarterly earnings data on Thursday, July 31st. The company reported GBX 208.90 earnings per share for the quarter. London Stock Exchange Group had a return on equity of 2.92% and a net margin of 7.93%. As a group, research analysts anticipate that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

London Stock Exchange Group declared that its board has initiated a stock buyback program on Thursday, July 31st that allows the company to buyback 0 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at London Stock Exchange Group

In other London Stock Exchange Group news, insider Michel-Alain Proch acquired 5,686 shares of the stock in a transaction dated 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 stock in a transaction dated Monday, August 4th. The shares were acquired at an average cost of GBX 9,413 per share, with a total value of £141,195. In the last ninety days, insiders acquired 13,862 shares of company stock valued at $124,719,964. 0.29% of the stock is currently owned by corporate insiders.

London Stock Exchange Group Company Profile

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.