London Stock Exchange Group’s (LSEG) Buy Rating Reaffirmed at Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research report issued on Monday,Digital Look reports. They presently have a £115 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 26.50% from the company’s current price.

Several other equities research analysts also recently commented on LSEG. JPMorgan Chase & Co. restated an “overweight” rating and set a £133 price objective on shares of London Stock Exchange Group in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of London Stock Exchange Group from £115 to £119 and gave the company a “buy” rating in a research note on Friday, October 24th. UBS Group reiterated a “buy” rating and set a £105 price objective on shares of London Stock Exchange Group in a report on Friday, October 17th. Finally, Citigroup upped their target price on shares of London Stock Exchange Group from £127 to £133 and gave the stock a “buy” rating in a report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, London Stock Exchange Group has a consensus rating of “Buy” and a consensus price target of £122.83.

London Stock Exchange Group Trading Down 1.1%

LSEG traded down GBX 99.62 during trading on Monday, hitting 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. The firm has a market capitalization of £46.25 billion, a P/E ratio of 48.95, a PEG ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a twelve month low of GBX 8,094 and a twelve month high of £121.85. The stock’s fifty day moving average price is GBX 8,806.41 and its 200-day moving average price 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.

London Stock Exchange Group announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, November 4th that allows the company to buyback 0 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

About London Stock Exchange Group

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.