London Stock Exchange Group plc (LON:LSEG) Receives Consensus Recommendation of “Buy” from Analysts

London Stock Exchange Group plc (LON:LSEG) has received a consensus recommendation of “Buy” from the six analysts that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is £121.50.

Several research firms have recently commented on LSEG. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a £110 price target on shares of London Stock Exchange Group in a report on Friday. JPMorgan Chase & Co. increased their price objective on shares of London Stock Exchange Group from £136 to £137 and gave the company an “overweight” rating in a research note on Friday, April 10th. Royal Bank Of Canada reissued an “outperform” rating and set a £136 price objective on shares of London Stock Exchange Group in a report on Friday. Jefferies Financial Group reissued a “buy” rating and issued a £110 price objective on shares of London Stock Exchange Group in a research note on Friday. Finally, Citigroup lowered London Stock Exchange Group to a “buy” rating in a report on Tuesday, July 7th.

Key London Stock Exchange Group News

Here are the key news stories impacting London Stock Exchange Group this week:

• Positive Sentiment: Strong first-half results and upgraded guidance: LSEG reported a record first half, with revenue exceeding expectations, and raised its full-year outlook. Management also highlighted growing momentum in Pisces, its private-markets platform, while reporting quarterly earnings of 244.90 pence per share. LSEG lifts outlook after first-half revenue beats expectations
• Positive Sentiment: Analyst support remains strong: Royal Bank of Canada reaffirmed its “outperform” rating and set a £136 price target. Jefferies and Deutsche Bank also reiterated “buy” ratings, each with a £110 target. These targets are materially above recent trading levels and signal continued confidence in LSEG’s growth prospects. Broker ratings
• Neutral Sentiment: Constructive Elliott dialogue: LSEG said discussions with activist investor Elliott Management have been constructive. While this may reduce immediate governance concerns, the company’s decision to narrow parts of its revenue forecast leaves investors focused on execution and future growth. LSEG narrows revenue forecast and discusses Elliott dialogue
• Negative Sentiment: Buyback provides little immediate support: LSEG authorized a share-repurchase program, but the announcement specified a planned purchase of zero shares, limiting its near-term effect on earnings per share or investor demand. LSEG stock repurchase announcement

London Stock Exchange Group Stock Performance

LSEG stock opened at GBX 8,370 on Monday. The company has a debt-to-equity ratio of 20.32, a current ratio of 253.33 and a quick ratio of 0.01. The business has a 50-day moving average price of GBX 8,802.20 and a 200 day moving average price of GBX 8,742.87. The company has a market capitalization of £40.75 billion, a P/E ratio of 35.32, a PEG ratio of 1.72 and a beta of 0.58. London Stock Exchange Group has a 1-year low of GBX 6,684 and a 1-year high of £101.65.

London Stock Exchange Group (LON:LSEG) last issued its earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. As a group, equities research analysts forecast that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 9th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s management 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.