London Stock Exchange Group’s (LSEG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of London Stock Exchange Group (LON:LSEG) in a research report sent to investors on Monday, MarketBeat Ratings reports. They currently have a £115 price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. UBS Group reaffirmed a “buy” rating and issued a £105 target price on shares of London Stock Exchange Group in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft upped their target price on shares of London Stock Exchange Group from £115 to £119 and gave the stock a “buy” rating in a research note on Friday, October 24th. Citigroup increased their price objective on London Stock Exchange Group from £127 to £133 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a £133 target price on shares of London Stock Exchange Group in a research report on Tuesday, November 11th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of £122.83.

London Stock Exchange Group Stock Down 2.4%

LSEG opened at GBX 8,764 on Monday. The stock has a market cap of £44.59 billion, a PE ratio of 47.19, a P/E/G ratio of 1.72 and a beta of 0.41. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 47.39. London Stock Exchange Group has a 52 week low of GBX 8,094 and a 52 week high of £121.85. The business’s fifty day simple moving average is GBX 8,795.33 and its 200 day simple moving average is GBX 9,169.77.

London Stock Exchange Group announced that its Board of Directors has authorized a share buyback program on Tuesday, November 4th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually 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.