Brokerages Set London Stock Exchange Group plc (LON:LSEG) PT at £121.50

Shares of London Stock Exchange Group plc (LON:LSEG) have been assigned an average recommendation of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued a report on the stock in the last year is £120.83.

A number of equities research analysts have recently commented on LSEG shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a £136 price objective on shares of London Stock Exchange Group in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a research note on Friday, July 31st. Citigroup dropped their price target on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating on the stock in a research report on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st.

London Stock Exchange Group Stock Performance

LSEG opened at GBX 8,902 on Monday. The company has a market cap of £43.34 billion, a P/E ratio of 32.01, a price-to-earnings-growth ratio of 1.72 and a beta of 0.39. The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25. The firm’s 50-day moving average price is GBX 8,753.48 and its 200-day moving average price is GBX 8,728.26. London Stock Exchange Group has a 52-week low of GBX 6,684 and a 52-week high of £101.40.

London Stock Exchange Group (LON:LSEG) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share for the quarter. London Stock Exchange Group had a return on equity of 7.35% and a net margin of 14.67%. As a group, equities analysts anticipate that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group announced that its board has approved a share buyback plan on Thursday, July 30th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

About London Stock Exchange Group

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.