London Stock Exchange Group (LON:LSEG) Earns Buy Rating from 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 report issued on Monday, Marketbeat Ratings reports.

Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a £136 target price on shares of London Stock Exchange Group in a research note on Friday, July 31st. Citigroup lowered their price objective 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, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of £120.83.

London Stock Exchange Group Price Performance

Shares of LSEG stock traded up GBX 200.22 on Monday, reaching GBX 8,670.23. 1,330,385 shares of the company were exchanged, compared to its average volume of 16,866,645. London Stock Exchange Group has a 1 year low of GBX 6,684 and a 1 year high of £101.40. The company has a debt-to-equity ratio of 72.25, a quick ratio of 0.01 and a current ratio of 253.33. The business 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 market cap of £41.71 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 1.72 and a beta of 0.40.

London Stock Exchange Group (LON:LSEG) last announced its earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. Equities research analysts forecast 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 approved a stock buyback program on Thursday, July 30th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors 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.