London Stock Exchange Group (LON:LSEG) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, Marketbeat reports.

Several other analysts also recently weighed in on LSEG. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a £136 target price on shares of London Stock Exchange Group in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Finally, Citigroup lowered their price objective on London Stock Exchange Group from £129 to £127 and set a “buy” rating on the stock in a report on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, London Stock Exchange Group has an average rating of “Buy” and an average price target of £120.83.

London Stock Exchange Group Stock Performance

LSEG stock traded up GBX 200.22 during trading on Monday, hitting GBX 8,670.23. The company had a trading volume of 1,330,385 shares, compared to its average volume of 16,866,645. The firm has a market cap of £41.71 billion, a PE ratio of 31.18, a price-to-earnings-growth ratio of 1.72 and a beta of 0.40. London Stock Exchange Group has a 1-year low of GBX 6,684 and a 1-year high of £101.40. The firm has a 50-day moving average price of GBX 8,515.55 and a 200-day moving average price of GBX 8,820.14. The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25.

London Stock Exchange Group (LON:LSEG) last posted its quarterly earnings data 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%. On average, analysts expect that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

London Stock Exchange Group declared that its Board of Directors has initiated a share buyback plan on Thursday, July 30th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign 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.