London Stock Exchange Group’s (LSEG) Buy Rating Reaffirmed at Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a research report issued on Monday, MarketBeat.com reports.

LSEG has been the subject of a number of other reports. Royal Bank Of Canada reissued 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 reduced their target price on 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 restated a “buy” rating and set a £110 target price 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 has an average rating of “Buy” and an average target price of £120.83.

London Stock Exchange Group Stock Performance

Shares of LON:LSEG traded up GBX 200.22 during midday trading on Monday, hitting GBX 8,670.23. The stock had a trading volume of 1,330,385 shares, 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 current ratio of 253.33, a quick ratio of 0.01 and a debt-to-equity ratio of 72.25. The stock has a 50 day moving average price of GBX 8,521 and a two-hundred day moving average price of GBX 8,819.09. The company has a market capitalization of £41.71 billion, a PE ratio of 31.18, a P/E/G ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG) last posted its quarterly 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%. As a group, equities analysts predict that London Stock Exchange Group will post 405.50 earnings per share for the current fiscal year.

London Stock Exchange Group announced that its board has approved a share buyback program on Thursday, July 30th that permits the company to buy back 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally 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.