London Stock Exchange Group plc (LON:LSEG) Stock Rated “Buy” by Wall Street Analysts

Shares of London Stock Exchange Group plc (LON:LSEG) have earned an average rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is £120.83.

A number of equities research analysts recently weighed in on LSEG shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a research note on Friday, July 31st. Royal Bank Of Canada restated an “outperform” rating and set a £136 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Citigroup dropped their price objective on shares of London Stock Exchange Group from £129 to £127 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a research report on Friday, July 31st.

London Stock Exchange Group Trading Up 0.2%

Shares of London Stock Exchange Group stock opened at GBX 8,158 on Tuesday. The company’s 50-day moving average price is GBX 8,608.26 and its 200-day moving average price is GBX 8,844.60. The company has a current ratio of 253.33, a quick ratio of 0.01 and a debt-to-equity ratio of 72.25. London Stock Exchange Group has a 12-month low of GBX 6,684 and a 12-month high of £101.40. The company has a market cap of £39.46 billion, a price-to-earnings ratio of 29.33, a PEG ratio of 1.72 and a beta of 0.40.

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

London Stock Exchange Group announced that its Board of Directors has initiated a stock buyback program on Thursday, July 30th that permits the company to buyback 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership 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.