JPMorgan Chase & Co. Raises London Stock Exchange Group (LON:LSEG) Price Target to £132

London Stock Exchange Group (LON:LSEG) had its target price increased by analysts at JPMorgan Chase & Co. from £131 to £132 in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 62.52% from the stock’s current price.

A number of other equities research analysts have also issued reports on LSEG. Jefferies Financial Group reiterated a “buy” rating and set a £115 target price on shares of London Stock Exchange Group in a report on Monday, January 19th. Citigroup reduced their price objective on London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday. UBS Group reissued a “buy” rating and set a £105 target price on shares of London Stock Exchange Group in a research note on Friday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research report on Monday, January 26th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, London Stock Exchange Group has an average rating of “Buy” and an average price target of £121.50.

London Stock Exchange Group Stock Performance

LON LSEG opened at GBX 8,122 on Thursday. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01. The company has a market cap of £41.32 billion, a P/E ratio of 43.74, a P/E/G ratio of 1.72 and a beta of 0.41. The stock has a 50-day moving average of GBX 8,773.37 and a two-hundred day moving average of GBX 9,064.55. London Stock Exchange Group has a 1-year low of GBX 8,042 and a 1-year high of £121.85.

London Stock Exchange Group announced that its Board of Directors has authorized a share repurchase plan on Tuesday, November 4th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically 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.