Brokerages Set London Stock Exchange Group plc (LON:LSEG) Target Price at £126.17

Shares of London Stock Exchange Group plc (LON:LSEG) have received an average rating of “Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is £126.17.

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a £133 target price on shares of London Stock Exchange Group in a research report on Tuesday, November 11th. Jefferies Financial Group reissued a “buy” rating and issued a £135 price objective on shares of London Stock Exchange Group in a research note on Tuesday, October 7th. UBS Group restated a “buy” rating and issued a £105 price objective on shares of London Stock Exchange Group in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft increased their target price on shares of London Stock Exchange Group from £115 to £119 and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, Citigroup raised their price target on shares of London Stock Exchange Group from £127 to £133 and gave the company a “buy” rating in a research report on Thursday, October 30th.

Insider Transactions at London Stock Exchange Group

In related news, insider Michel-Alain Proch acquired 4,676 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was acquired at an average price of GBX 8,274 per share, for a total transaction of £386,892.24. 0.29% of the stock is owned by corporate insiders.

London Stock Exchange Group Trading Up 0.5%

Shares of LON LSEG opened at GBX 8,908 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 47.39. The stock has a market capitalization of £45.93 billion, a PE ratio of 47.97, a PEG ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a twelve month low of GBX 8,094 and a twelve month high of £121.85. The stock has a fifty day simple moving average of GBX 8,869.97 and a 200-day simple moving average of GBX 9,771.68.

London Stock Exchange Group announced that its Board of Directors has authorized a stock buyback program on Tuesday, November 4th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors 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.