London Stock Exchange Group (LON:LSEG) Price Target Raised to £137

London Stock Exchange Group (LON:LSEG) had its price target raised by stock analysts at JPMorgan Chase & Co. from £136 to £137 in a research report issued on Friday,London Stock Exchange reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 51.25% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating on the stock in a research note on Monday, January 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a £135 target price on shares of London Stock Exchange Group in a research note on Wednesday, March 4th. Citigroup dropped their target price on shares of London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a research note on Tuesday, March 31st. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of £122.

London Stock Exchange Group Trading Up 0.8%

Shares of LSEG stock opened at GBX 9,058 on Friday. London Stock Exchange Group has a 52-week low of GBX 6,684 and a 52-week high of £118.10. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64. The company has a 50-day simple moving average of GBX 8,284.53 and a two-hundred day simple moving average of GBX 8,639.09. The company has a market capitalization of £44.92 billion, a price-to-earnings ratio of 38.22, a PEG ratio of 1.72 and a beta of 0.38.

London Stock Exchange Group (LON:LSEG) last issued its quarterly earnings data on Thursday, February 26th. The company reported GBX 420.60 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 13.41% and a return on equity of 6.10%. Research analysts anticipate 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 authorized a stock repurchase program on Thursday, April 9th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Activity at London Stock Exchange Group

In other London Stock Exchange Group news, insider Michel-Alain Proch sold 5,304 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of GBX 8,557, for a total transaction of £453,863.28. Also, insider David Schwimmer sold 8,863 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 8,732, for a total transaction of £773,917.16. Over the last ninety days, insiders sold 18,767 shares of company stock valued at $163,156,844. 0.30% of the stock is owned by insiders.

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.