Royal Bank Of Canada Reaffirms Outperform Rating for London Stock Exchange Group (LON:LSEG)

London Stock Exchange Group (LON:LSEG)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research note issued on Wednesday, MarketBeat.com reports. They currently have a £135 price target on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 54.22% from the company’s current price.

Other research analysts have also issued research reports about the stock. Jefferies Financial Group reiterated a “buy” rating and issued a £115 price objective on shares of London Stock Exchange Group in a report on Monday, January 19th. Citigroup dropped their price target on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. increased their price objective on London Stock Exchange Group from £131 to £132 and gave the company an “overweight” rating in a report on Thursday, January 29th. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, London Stock Exchange Group presently has a consensus rating of “Buy” and a consensus target price of £122.

London Stock Exchange Group Stock Performance

Shares of LON LSEG opened at GBX 8,753.58 on Wednesday. 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 firm has a market cap of £44.26 billion, a price-to-earnings ratio of 47.14, a P/E/G ratio of 1.72 and a beta of 0.42. The stock’s fifty day moving average price is GBX 8,362.45 and its two-hundred day moving average price is GBX 8,703.38. London Stock Exchange Group has a one year low of GBX 6,684 and a one year high of £118.95.

London Stock Exchange Group (LON:LSEG) last issued its quarterly earnings results on Thursday, February 26th. The company reported GBX 420.60 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, equities analysts forecast that London Stock Exchange Group will post 405.5009823 EPS for the current year.

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.