London Stock Exchange Group plc (LON:LSEG) Receives £121.33 Consensus Target Price from Analysts

London Stock Exchange Group plc (LON:LSEG) has earned an average rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is £121.33.

LSEG has been the topic of a number of research reports. Jefferies Financial Group restated a “buy” rating and set a £110 price target on shares of London Stock Exchange Group in a research note on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on London Stock Exchange Group from £136 to £137 and gave the company an “overweight” rating in a report on Friday, April 10th. Citigroup lowered shares of London Stock Exchange Group to a “buy” rating in a research report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of London Stock Exchange Group from £119 to £110 and set a “buy” rating on the stock in a report on Wednesday, July 1st.

London Stock Exchange Group Stock Down 1.2%

LSEG opened at GBX 8,968 on Thursday. London Stock Exchange Group has a one year low of GBX 6,684 and a one year high of £109.25. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64. The stock has a market capitalization of £43.67 billion, a P/E ratio of 37.84, a price-to-earnings-growth ratio of 1.72 and a beta of 0.39. The business’s 50-day simple moving average is GBX 8,908.78 and its 200-day simple moving average is GBX 8,752.09.

London Stock Exchange Group declared that its Board of Directors has initiated a stock buyback program on Thursday, April 9th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally 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.