Brokerages Set London Stock Exchange Group plc (LON:LSEG) Target Price at £122

Shares of London Stock Exchange Group plc (LON:LSEG) have earned a consensus recommendation of “Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is £121.17.

Several equities analysts recently weighed in on LSEG shares. JPMorgan Chase & Co. lifted their price target on London Stock Exchange Group from £131 to £132 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Jefferies Financial Group reiterated a “buy” rating and set a £110 price target on shares of London Stock Exchange Group in a research report on Tuesday. Citigroup dropped 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. Royal Bank Of Canada reaffirmed an “outperform” rating and set a £135 target price on shares of London Stock Exchange Group in a research note on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research report on Monday, January 26th.

Insiders Place Their Bets

In other news, insider David Schwimmer sold 8,863 shares of London Stock Exchange Group stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 8,732, for a total value of £773,917.16. Also, insider Michel-Alain Proch sold 5,304 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of GBX 8,557, for a total transaction of £453,863.28. Insiders have sold 18,767 shares of company stock valued at $163,156,844 over the last 90 days. 0.30% of the stock is currently owned by company insiders.

London Stock Exchange Group Price Performance

LON:LSEG opened at GBX 8,920 on Tuesday. The company has a debt-to-equity ratio of 59.24, a current ratio of 229.64 and a quick ratio of 0.01. The company has a 50 day moving average price of GBX 8,230.75 and a 200-day moving average price of GBX 8,623.44. London Stock Exchange Group has a 1-year low of GBX 6,684 and a 1-year high of £118.95. The firm has a market cap of £44.94 billion, a price-to-earnings ratio of 48.03, a price-to-earnings-growth ratio of 1.72 and a beta of 0.42.

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