London Stock Exchange Group plc (LON:LSEG) Receives £121.50 Average Target Price from Analysts

Shares of London Stock Exchange Group plc (LON:LSEG) have received a consensus rating of “Buy” from the seven research firms that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is £121.50.

Several research analysts have weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a £115 price objective on shares of London Stock Exchange Group in a report on Monday, January 19th. Citigroup lowered their target price on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a report on Tuesday, January 27th. JPMorgan Chase & Co. boosted their price objective on London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft lowered their price objective 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, UBS Group reaffirmed a “buy” rating and set a £105 target price on shares of London Stock Exchange Group in a research report on Friday, October 17th.

London Stock Exchange Group Stock Up 4.1%

LSEG stock opened at GBX 7,670.67 on Monday. The stock’s 50 day simple moving average is GBX 8,562.50 and its 200 day simple moving average is GBX 8,879.85. The company has a market cap of £38.79 billion, a P/E ratio of 41.31, 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 fifty-two week low of GBX 6,684 and a fifty-two week high of £119.15.

London Stock Exchange Group declared that its board has initiated a share buyback program on Tuesday, November 4th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

About London Stock Exchange Group

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.