Berenberg Bank reissued their buy rating on shares of London Stock Exchange Group (LON:LSEG – Free Report) in a research report released on Thursday morning, Marketbeat reports. The firm currently has a £110 ($135.87) price objective on the stock.
Separately, Citigroup reaffirmed a top pick rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Buy and a consensus price target of £101.64 ($125.54).
Read Our Latest Stock Report on LSEG
London Stock Exchange Group Stock Up 0.5 %
London Stock Exchange Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th will be given a GBX 79.30 ($0.98) dividend. This is a boost from London Stock Exchange Group’s previous dividend of $35.70. The ex-dividend date is Thursday, April 18th. This represents a yield of 0.89%. London Stock Exchange Group’s dividend payout ratio is presently 8,333.33%.
Insider Buying and Selling at London Stock Exchange Group
In other news, insider David Schwimmer sold 11,999 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($119.12), for a total transaction of £1,157,183.56 ($1,429,327.52). In other news, insider Cressida Hogg acquired 533 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average cost of GBX 9,410 ($116.23) per share, with a total value of £50,155.30 ($61,950.72). Also, insider David Schwimmer sold 11,999 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($119.12), for a total value of £1,157,183.56 ($1,429,327.52). 10.32% of the stock is owned by corporate insiders.
About London Stock Exchange Group
London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.
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