London Stock Exchange Group plc (LSE) Receives Average Recommendation of “Buy” from Analysts

London Stock Exchange Group plc (LON:LSE) has been given a consensus recommendation of “Buy” by the fourteen analysts that are presently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 3,990.31 ($53.44).

LSE has been the subject of a number of research analyst reports. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 3,955 ($52.97) price objective (down previously from GBX 3,955 ($52.97)) on shares of London Stock Exchange Group in a report on Wednesday. Royal Bank Of Canada set a GBX 4,200 ($56.25) price objective on shares of London Stock Exchange Group and gave the company a “buy” rating in a research report on Wednesday, October 18th. Citigroup reiterated a “buy” rating and set a GBX 4,450 ($59.60) price target on shares of London Stock Exchange Group in a report on Friday, October 6th. Barclays reiterated an “overweight” rating and set a GBX 4,365 ($58.46) price target on shares of London Stock Exchange Group in a report on Thursday, October 19th. Finally, Deutsche Bank began coverage on shares of London Stock Exchange Group in a report on Friday, September 1st. They set a “hold” rating and a GBX 4,000 ($53.57) price target for the company.

Shares of London Stock Exchange Group (LSE) traded up GBX 26 ($0.35) during trading hours on Friday, hitting GBX 3,805 ($50.96). The stock had a trading volume of 451,234 shares, compared to its average volume of 680,759. London Stock Exchange Group has a 12 month low of GBX 2,611 ($34.97) and a 12 month high of GBX 4,069 ($54.49).

In related news, insider Xavier Rolet sold 100,000 shares of London Stock Exchange Group stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of GBX 3,800 ($50.89), for a total value of £3,800,000 ($5,089,058.52). Also, insider David Thomas Nish bought 515 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was acquired at an average price of GBX 3,879 ($51.95) per share, for a total transaction of £19,976.85 ($26,753.52).

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About London Stock Exchange Group

London Stock Exchange Group plc is a diversified global financial markets infrastructure business that operates with an Open Access model. The Company is organized into operating units based on its service lines and has six segments: Capital Markets, Post Trade Services-CC&G and Monte Titoli, Post Trade Services-LCH, Information Services, Technology Services and Other.

Analyst Recommendations for London Stock Exchange Group (LON:LSE)

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