London Stock Exchange Group (LON:LSEG – Get Free Report)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a report released on Friday,Digital Look reports. They presently have a £110 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 28.78% from the company’s previous close.
A number of other research firms have also recently weighed in on LSEG. Deutsche Bank Aktiengesellschaft lowered their price target on shares of London Stock Exchange Group from £119 to £110 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Citigroup cut shares of London Stock Exchange Group to a “buy” rating in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a report on Friday, April 10th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of £121.33.
View Our Latest Report on LSEG
London Stock Exchange Group Stock Down 0.7%
London Stock Exchange Group (LON:LSEG – Get Free Report) last released its quarterly earnings data 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 6.10% and a net margin of 13.41%. On average, sell-side analysts predict that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.
London Stock Exchange Group declared that its board has authorized a stock repurchase plan on Thursday, April 9th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often 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.
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