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

Shares of London Stock Exchange Group plc (LON:LSEG) have been given a consensus rating of “Buy” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have covered the stock in the last year is £122.

LSEG has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price target on London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Jefferies Financial Group reiterated a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a research note on Friday. Royal Bank Of Canada reiterated an “outperform” rating and issued a £135 price target on shares of London Stock Exchange Group in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft cut their price target on London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a research note on Monday, January 26th. Finally, Citigroup cut their price target on London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a research note on Tuesday, January 27th.

Insider Activity

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

London Stock Exchange Group Trading Up 0.7%

Shares of LSEG stock opened at GBX 9,942 on Friday. London Stock Exchange Group has a 52-week low of GBX 6,684 and a 52-week high of £118.10. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64. The firm has a market capitalization of £49.30 billion, a PE ratio of 41.95, a PEG ratio of 1.72 and a beta of 0.38. The stock has a fifty day simple moving average of GBX 8,745.27 and a two-hundred day simple moving average of GBX 8,730.77.

London Stock Exchange Group (LON:LSEG) last issued 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 return on equity of 6.10% and a net margin of 13.41%. On average, analysts predict that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group declared that its board has approved a stock repurchase plan on Thursday, April 9th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership 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.