Analysts Set London Stock Exchange Group plc (LON:LSEG) PT at £122

Shares of London Stock Exchange Group plc (LON:LSEG) have received a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have issued a report on the stock in the last year is £122.

LSEG has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Royal Bank Of Canada restated an “outperform” rating and set a £135 price objective on shares of London Stock Exchange Group in a research report on Wednesday, March 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a report on Friday, April 24th.

London Stock Exchange Group Price Performance

Shares of LON:LSEG opened at GBX 8,438 on Friday. The firm has a market cap of £41.21 billion, a price-to-earnings ratio of 35.60, a P/E/G ratio of 1.72 and a beta of 0.38. The firm has a fifty day moving average price of GBX 9,258.48 and a 200 day moving average price of GBX 8,770.29. London Stock Exchange Group has a fifty-two week low of GBX 6,684 and a fifty-two week high of £109.90. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64.

London Stock Exchange Group announced that its board has initiated a share buyback program on Thursday, April 9th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board of directors believes its stock is 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.