London Stock Exchange Group plc (LON:LSEG) Receives £121.50 Consensus Target Price from Brokerages

Shares of London Stock Exchange Group plc (LON:LSEG) have been given an average rating of “Buy” by the seven analysts that are currently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is £121.50.

LSEG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research note on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating and issued a £115 price target on shares of London Stock Exchange Group in a research note on Monday, January 19th. JPMorgan Chase & Co. increased their price target on London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a report on Thursday, January 29th. UBS Group reaffirmed a “buy” rating and set a £105 price objective on shares of London Stock Exchange Group in a research report on Friday, October 17th. Finally, Citigroup lowered their price objective 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.

London Stock Exchange Group Stock Performance

Shares of LON LSEG opened at GBX 7,579.55 on Monday. The stock has a market capitalization of £38.33 billion, a PE ratio of 40.82, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a 52 week low of GBX 6,684 and a 52 week high of £119.15. 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 stock has a 50 day moving average price of GBX 8,517.81 and a 200 day moving average price of GBX 8,852.29.

London Stock Exchange Group declared that its board has initiated a share buyback program on Tuesday, November 4th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign 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.