London Stock Exchange Group (LON:LSEG) Given New £127 Price Target at Deutsche Bank Aktiengesellschaft

London Stock Exchange Group (LON:LSEG) had its price objective reduced by Deutsche Bank Aktiengesellschaft from £129 ($175.37) to £127 ($172.65) in a research note published on Tuesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating on shares of London Stock Exchange Group in a research note on Tuesday, May 6th.

London Stock Exchange Group Price Performance

Shares of LON LSEG opened at £108.80 ($147.91) on Tuesday. London Stock Exchange Group has a 52 week low of GBX 8,982 ($122.10) and a 52 week high of £121.85 ($165.65). The business’s 50 day moving average price is £111.87 and its 200 day moving average price is £113.51. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 47.39. The firm has a market cap of £57.59 billion, a P/E ratio of 85.33, a P/E/G ratio of 1.72 and a beta of 0.41.

Insider Transactions at London Stock Exchange Group

In related news, insider Michel-Alain Proch sold 9,183 shares of London Stock Exchange Group stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of £111.36 ($151.39), for a total value of £1,022,618.88 ($1,390,183.36). Company insiders own 5.64% of the company’s stock.

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.