London Stock Exchange Group plc (LON:LSEG) Receives Average Rating of “Buy” from Analysts

London Stock Exchange Group plc (LON:LSEG) has been given an average rating of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is £122.

A number of research firms recently issued reports on LSEG. Royal Bank Of Canada restated an “outperform” rating and set a £135 price target on shares of London Stock Exchange Group in a research note on Wednesday, March 4th. Citigroup decreased their price objective on London Stock Exchange Group from £133 to £131 and set a “buy” rating for the company in a report on Tuesday, January 27th. Jefferies Financial Group restated a “buy” rating and set a £115 target price on shares of London Stock Exchange Group in a research report on Monday, January 19th. JPMorgan Chase & Co. lifted their target price on shares of London Stock Exchange Group from £131 to £132 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a research report on Monday, January 26th.

Insiders Place Their Bets

In other news, insider David Schwimmer sold 8,863 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 8,732, for a total transaction of £773,917.16. Also, insider Michel-Alain Proch sold 5,304 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of GBX 8,557, for a total value of £453,863.28. Over the last 90 days, insiders sold 18,767 shares of company stock worth $163,156,844. 0.30% of the stock is currently owned by company insiders.

London Stock Exchange Group Stock Performance

Shares of LSEG stock opened at GBX 8,752 on Tuesday. The stock’s 50-day moving average is GBX 8,228.35 and its two-hundred day moving average is GBX 8,618.06. The firm has a market cap of £44.09 billion, a price-to-earnings ratio of 47.13, a PEG ratio of 1.72 and a beta of 0.42. London Stock Exchange Group has a 1 year low of GBX 6,684 and a 1 year high of £118.95. The company has a debt-to-equity ratio of 59.24, a quick ratio of 0.01 and a current ratio of 229.64.

London Stock Exchange Group (LON:LSEG) last posted its earnings results on Thursday, February 26th. The company reported GBX 420.60 EPS for the quarter. London Stock Exchange Group had a return on equity of 6.10% and a net margin of 13.41%. Analysts predict that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

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.