Deutsche Bank Aktiengesellschaft Cuts London Stock Exchange Group (LON:LSEG) Price Target to £114

London Stock Exchange Group (LON:LSEG) had its target price trimmed by Deutsche Bank Aktiengesellschaft from £119 to £114 in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also issued reports on LSEG. JPMorgan Chase & Co. reissued an “overweight” rating and set a £133 target price on shares of London Stock Exchange Group in a research note on Tuesday, November 11th. UBS Group reiterated a “buy” rating and set a £105 price objective on shares of London Stock Exchange Group in a report on Friday, October 17th. Jefferies Financial Group reissued a “buy” rating and issued a £115 price objective on shares of London Stock Exchange Group in a research report on Monday, January 19th. Finally, Citigroup reduced their target price on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of £121.67.

London Stock Exchange Group Price Performance

Shares of LSEG stock opened at GBX 8,310 on Monday. The stock has a 50 day moving average price of GBX 8,785.62 and a 200 day moving average price of GBX 9,089.70. London Stock Exchange Group has a 52-week low of GBX 8,094 and a 52-week high of £121.85. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. The firm has a market capitalization of £42.28 billion, a P/E ratio of 44.75, a P/E/G ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group declared that its board has approved a share repurchase plan on Tuesday, November 4th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is 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.