London Stock Exchange Group (LON:LSEG) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of London Stock Exchange Group (LON:LSEG) in a research note released on Monday, MarketBeat.com reports. They currently have a £115 price target on the stock.

Other equities research analysts have also issued research reports about the stock. UBS Group restated a “buy” rating and set a £105 price target on shares of London Stock Exchange Group in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their target price on London Stock Exchange Group from £115 to £119 and gave the stock a “buy” rating in a research report on Friday, October 24th. Citigroup upped their price target on London Stock Exchange Group from £127 to £133 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a £133 price target on shares of London Stock Exchange Group in a research note on Tuesday, November 11th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, London Stock Exchange Group currently has an average rating of “Buy” and an average target price of £122.83.

London Stock Exchange Group Stock Performance

LON LSEG opened at GBX 8,940.40 on Monday. The company has a market capitalization of £45.49 billion, a PE ratio of 48.14, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. 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 has a 52-week low of GBX 8,094 and a 52-week high of £121.85. The company has a 50-day simple moving average of GBX 8,802.93 and a 200 day simple moving average of GBX 9,185.34.

London Stock Exchange Group declared that its Board of Directors has authorized a stock buyback plan on Tuesday, November 4th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

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.