London Stock Exchange Group (LON:LSEG) Receives “Buy” Rating from Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a note issued to investors on Monday,Digital Look reports. They currently have a £115 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 26.50% from the stock’s previous close.

LSEG has been the topic of a number of other research reports. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a £133 target price on shares of London Stock Exchange Group in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of London Stock Exchange Group from £115 to £119 and gave the company a “buy” rating in a report on Friday, October 24th. Citigroup increased their price objective on shares of London Stock Exchange Group from £127 to £133 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, UBS Group restated a “buy” rating and issued a £105 target price on shares of London Stock Exchange Group in a research report on Friday, October 17th. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of £122.83.

London Stock Exchange Group Price Performance

Shares of LSEG stock traded down GBX 99.62 during trading hours on Monday, reaching GBX 9,090.94. The company’s stock had a trading volume of 1,089,527 shares, compared to its average volume of 3,151,959. London Stock Exchange Group has a fifty-two week low of GBX 8,094 and a fifty-two week high of £121.85. The firm’s 50 day simple moving average is GBX 8,806.41 and its 200-day simple moving average is GBX 9,197.27. 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 company has a market capitalization of £46.25 billion, a price-to-earnings ratio of 48.95, a PEG ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group announced that its board has approved a share repurchase plan on Tuesday, November 4th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management 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.