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

Shares of London Stock Exchange Group plc (LON:LSEG) have been assigned a consensus rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have issued a report on the stock in the last year is £120.83.

Several research firms recently commented on LSEG. Royal Bank Of Canada reiterated an “outperform” rating and issued a £136 price objective on shares of London Stock Exchange Group in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and set a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Citigroup decreased their price target on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a £110 price objective on shares of London Stock Exchange Group in a research note on Friday, July 31st.

London Stock Exchange Group Stock Down 0.9%

Shares of LON:LSEG opened at GBX 8,814 on Friday. The stock has a market cap of £42.92 billion, a price-to-earnings ratio of 31.69, a PEG ratio of 1.72 and a beta of 0.39. The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25. London Stock Exchange Group has a 12-month low of GBX 6,684 and a 12-month high of £101.40. The business’s 50 day moving average is GBX 8,719.01 and its 200 day moving average is GBX 8,826.48.

London Stock Exchange Group (LON:LSEG) last issued its quarterly earnings data 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%. On average, sell-side analysts forecast that London Stock Exchange Group will post 405.5009823 earnings per share for the current fiscal year.

London Stock Exchange Group declared that its board has approved a stock buyback program on Thursday, July 30th 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 programs are typically an indication 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.