London Stock Exchange Group plc (LON:LSEG – Get Free Report) has received an average rating of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is £100.44 ($126.87).
LSEG has been the topic of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a £102 ($128.84) price target on shares of London Stock Exchange Group in a research note on Monday, November 20th. Berenberg Bank lifted their price target on London Stock Exchange Group from £100 ($126.31) to £104 ($131.36) and gave the company a “buy” rating in a research note on Monday, November 20th. Citigroup reiterated a “buy” rating on shares of London Stock Exchange Group in a research report on Wednesday, November 22nd. Bank of America boosted their target price on London Stock Exchange Group from £100 ($126.31) to £105 ($132.63) and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of London Stock Exchange Group in a research report on Friday, November 17th.
Check Out Our Latest Stock Report on London Stock Exchange Group
Insider Activity at London Stock Exchange Group
In other news, insider Martin Brand purchased 37,329 shares of the stock in a transaction on Thursday, November 23rd. The stock was purchased at an average price of £101.23 ($127.86) per share, with a total value of £3,778,814.67 ($4,773,038.61). Insiders own 14.98% of the company’s stock.
London Stock Exchange Group Trading Up 1.3 %
Shares of LSEG stock opened at GBX 9,100 ($114.94) on Friday. The business’s 50 day moving average is GBX 8,471.59 and its two-hundred day moving average is GBX 8,382.57. London Stock Exchange Group has a twelve month low of GBX 7,052 ($89.07) and a twelve month high of GBX 9,104 ($114.99). The company has a market capitalization of £47.37 billion, a P/E ratio of 7,583.33, a price-to-earnings-growth ratio of 2.71 and a beta of 0.34. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 36.08.
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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