London Stock Exchange Group (LON:LSEG) Price Target Lowered to £114 at Deutsche Bank Aktiengesellschaft

London Stock Exchange Group (LON:LSEG) had its target price dropped by research analysts at Deutsche Bank Aktiengesellschaft from £119 to £114 in a report released on Monday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 37.55% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a £115 target price on shares of London Stock Exchange Group in a research note on Monday, January 19th. UBS Group reissued a “buy” rating and issued a £105 price target on shares of London Stock Exchange Group in a report on Friday, October 17th. Citigroup decreased their price target on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a £133 target price on shares of London Stock Exchange Group in a research note on Tuesday, November 11th. Seven research analysts have rated the stock with a Buy rating, According to MarketBeat.com, London Stock Exchange Group has an average rating of “Buy” and an average target price of £121.67.

London Stock Exchange Group Stock Performance

Shares of London Stock Exchange Group stock traded down GBX 290 during mid-day trading on Monday, hitting GBX 8,288. 2,069,108 shares of the stock were exchanged, compared to its average volume of 15,148,695. London Stock Exchange Group has a 12 month low of GBX 8,094 and a 12 month high of £121.85. The company has a 50-day simple moving average of GBX 8,794.61 and a 200 day simple moving average of GBX 9,112.46. The company has a market capitalization of £42.17 billion, a P/E ratio of 44.63, a P/E/G ratio of 1.72 and a beta of 0.41. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00.

London Stock Exchange Group declared that its Board of Directors has authorized a stock buyback program on Tuesday, November 4th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are 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.