London Stock Exchange Group (LON:LSEG) Price Target Raised to £132

London Stock Exchange Group (LON:LSEG) had its price objective raised by JPMorgan Chase & Co. from £131 to £132 in a research note published on Thursday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts have also weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a £115 target price on shares of London Stock Exchange Group in a report on Monday, January 19th. Citigroup cut their target price on London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. UBS Group reaffirmed a “buy” rating and issued a £105 price target on shares of London Stock Exchange Group in a research note on Friday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a report on Monday, January 26th. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of £121.50.

London Stock Exchange Group Price Performance

LSEG stock opened at GBX 8,122 on Thursday. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. The company’s fifty day moving average price is GBX 8,773.37 and its 200-day moving average price is GBX 9,052.10. London Stock Exchange Group has a one year low of GBX 8,042 and a one year high of £121.85. The company has a market capitalization of £41.32 billion, a PE ratio of 43.74, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41.

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