London Stock Exchange Group plc (LON:LSEG) Given Average Recommendation of “Buy” by Analysts

London Stock Exchange Group plc (LON:LSEG) has been given an average recommendation of “Buy” by the six analysts that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is £120.83.

Several analysts have issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and set a £136 price target on shares of London Stock Exchange Group in a report on Friday, July 31st. Citigroup dropped their price objective on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating for the company in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a report on Friday, July 31st. Finally, Jefferies Financial Group reissued a “buy” rating and set a £110 price objective on shares of London Stock Exchange Group in a research note on Friday, July 31st.

London Stock Exchange Group Stock Up 0.0%

LSEG opened at GBX 8,352 on Tuesday. The stock has a market capitalization of £40.40 billion, a price-to-earnings ratio of 30.03, a PEG ratio of 1.72 and a beta of 0.40. 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 twelve month low of GBX 6,684 and a twelve month high of £101.40. The firm has a 50 day moving average price of GBX 8,685.04 and a 200-day moving average price of GBX 8,860.77.

London Stock Exchange Group (LON:LSEG) last announced its earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a return on equity of 7.35% and a net margin of 14.67%. Equities research analysts forecast that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

London Stock Exchange Group announced that its board has initiated a stock buyback program on Thursday, July 30th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign 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.