London Stock Exchange Group plc (LON:LSEG) Receives £122 Average PT from Analysts

London Stock Exchange Group plc (LON:LSEG) has been assigned an average recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is £122.

A number of equities analysts recently weighed in on LSEG shares. JPMorgan Chase & Co. increased their price objective on shares of London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a £135 target price on shares of London Stock Exchange Group in a research report on Wednesday, March 4th. Jefferies Financial Group restated a “buy” rating and set a £115 price target on shares of London Stock Exchange Group in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft lowered their price target on London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a research report on Monday, January 26th. Finally, Citigroup cut their price objective on London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a report on Tuesday, January 27th.

London Stock Exchange Group Stock Up 0.6%

Shares of LSEG opened at GBX 8,796.13 on Friday. The company’s 50-day moving average price is GBX 8,360.90 and its 200 day moving average price is GBX 8,691.26. London Stock Exchange Group has a 12-month low of GBX 6,684 and a 12-month high of £118.95. The company has a current ratio of 229.64, a quick ratio of 0.01 and a debt-to-equity ratio of 59.24. The firm has a market cap of £44.48 billion, a P/E ratio of 47.37, a price-to-earnings-growth ratio of 1.72 and a beta of 0.42.

London Stock Exchange Group (LON:LSEG) last announced its earnings results on Thursday, February 26th. The company reported GBX 420.60 earnings per share for the quarter. London Stock Exchange Group had a net margin of 13.41% and a return on equity of 6.10%. On average, sell-side analysts forecast that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

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.