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

London Stock Exchange Group plc (LON:LSEG) has earned a consensus rating of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is £126.17.

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

Insider Activity at London Stock Exchange Group

In related news, insider Michel-Alain Proch acquired 4,676 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were purchased at an average cost of GBX 8,274 per share, for a total transaction of £386,892.24. 0.29% of the stock is currently owned by corporate insiders.

London Stock Exchange Group Stock Performance

Shares of LON LSEG opened at GBX 8,664 on Wednesday. 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 stock has a 50 day moving average price of GBX 8,893.71 and a 200 day moving average price of GBX 9,734.03. The stock has a market capitalization of £44.67 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a 52 week low of GBX 8,094 and a 52 week high of £121.85.

London Stock Exchange Group announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, November 4th that allows the company to buyback 0 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is 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.