London Stock Exchange Group plc (LON:LSEG – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 9,504 ($120.99) and last traded at GBX 9,400 ($119.67), with a volume of 962304 shares trading hands. The stock had previously closed at GBX 9,407.49 ($119.76).
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. Citigroup reaffirmed a “top pick” rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st. Bank of America increased their target price on London Stock Exchange Group from £100 ($127.31) to £105 ($133.67) and gave the stock a “buy” rating in a report on Monday, November 20th. Berenberg Bank boosted their price target on London Stock Exchange Group from £100 ($127.31) to £104 ($132.40) and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a £102 ($129.85) target price on shares of London Stock Exchange Group in a report on Monday, November 20th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of £100.44 ($127.87).
Read Our Latest Report on LSEG
London Stock Exchange Group Stock Performance
The company’s fifty day moving average price is GBX 9,031.56 and its 200 day moving average price is GBX 8,745.34. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.00 and a quick ratio of 0.01. The company has a market cap of £48.92 billion, a PE ratio of 7,800.00, a P/E/G ratio of 3.05 and a beta of 0.33.
London Stock Exchange Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 18th will be issued a dividend of GBX 79.30 ($1.01) per share. This is a boost from London Stock Exchange Group’s previous dividend of $35.70. The ex-dividend date of this dividend is Thursday, April 18th. This represents a yield of 0.89%. London Stock Exchange Group’s dividend payout ratio is 9,583.33%.
Insider Buying and Selling at London Stock Exchange Group
In other London Stock Exchange Group news, insider Martin Brand sold 50,556 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of £102.23 ($130.15), for a total value of £5,168,339.88 ($6,579,681.58). In related news, insider David Schwimmer sold 4,563 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of GBX 9,247 ($117.72), for a total value of £421,940.61 ($537,161.82). Also, insider Martin Brand sold 50,556 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of £102.23 ($130.15), for a total transaction of £5,168,339.88 ($6,579,681.58). Insiders own 7.66% of the company’s stock.
London Stock Exchange Group Company Profile
London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.
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