London Stock Exchange Group (LON:LSEG) Price Target Raised to £137

London Stock Exchange Group (LON:LSEG) had its target price boosted by JPMorgan Chase & Co. from £136 to £137 in a research note issued on Friday,London Stock Exchange reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 51.25% from the stock’s previous close.

LSEG has been the subject of several other reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a £135 price target on shares of London Stock Exchange Group in a research note on Wednesday, March 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a research note on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a research report on Monday, January 26th. Finally, Citigroup decreased their target price on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Seven analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of £122.

London Stock Exchange Group Trading Up 0.8%

LSEG opened at GBX 9,058 on Friday. London Stock Exchange Group has a 1-year low of GBX 6,684 and a 1-year high of £118.10. The company has a current ratio of 229.64, a quick ratio of 0.01 and a debt-to-equity ratio of 59.24. The company has a market cap of £44.92 billion, a P/E ratio of 38.22, a price-to-earnings-growth ratio of 1.72 and a beta of 0.38. The company has a fifty day moving average price of GBX 8,284.53 and a two-hundred day moving average price of GBX 8,639.09.

London Stock Exchange Group (LON:LSEG) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 420.60 earnings per share for the quarter. London Stock Exchange Group had a net margin of 13.41% and a return on equity of 6.10%. Analysts predict that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group announced that its board has approved a stock repurchase program on Thursday, April 9th that allows the company to buyback 0 shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other London Stock Exchange Group news, insider David Schwimmer sold 4,600 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of GBX 8,778, for a total value of £403,788. Also, insider Michel-Alain Proch sold 5,304 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of GBX 8,557, for a total transaction of £453,863.28. Over the last three months, insiders have sold 18,767 shares of company stock valued at $163,156,844. 0.30% of the stock is currently owned by insiders.

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.