Brokerages Set London Stock Exchange Group plc (LON:LSEG) Target Price at £126.17

Shares of London Stock Exchange Group plc (LON:LSEG) have been assigned an average rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is £126.17.

A number of research analysts have weighed in on LSEG shares. Citigroup raised their price objective on London Stock Exchange Group from £127 to £133 and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group reiterated a “buy” rating and issued a £105 target price on shares of London Stock Exchange Group in a research report on Friday, October 17th. Jefferies Financial Group reissued a “buy” rating and issued a £135 price target on shares of London Stock Exchange Group in a research note on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft upped their price objective 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. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a £133 price objective on shares of London Stock Exchange Group in a report on Tuesday, November 11th.

London Stock Exchange Group Price Performance

Shares of London Stock Exchange Group stock opened at GBX 8,874 on Friday. The stock has a market capitalization of £45.42 billion, a P/E ratio of 47.79, a PEG ratio of 1.72 and a beta of 0.41. The business has a 50 day simple moving average of GBX 8,929.12 and a two-hundred day simple moving average of GBX 9,433.81. London Stock Exchange Group has a 12 month low of GBX 8,094 and a 12 month high of £121.85. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01.

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