London Stock Exchange Group (LON:LSEG) Stock Keeps “Buy” Rating at Jefferies Financial Group

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a note issued to investors on Monday, Marketbeat Ratings reports.

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

London Stock Exchange Group Stock Performance

LON LSEG traded up GBX 200.22 during trading on Monday, reaching GBX 8,670.23. 1,330,385 shares of the company’s stock were exchanged, compared to its average volume of 16,866,645. The business has a 50 day moving average price of GBX 8,521 and a 200-day moving average price of GBX 8,819.09. The stock has a market capitalization of £41.71 billion, a P/E ratio of 31.18, a PEG ratio of 1.72 and a beta of 0.41. The company has a debt-to-equity ratio of 72.25, a current ratio of 253.33 and a quick ratio of 0.01. London Stock Exchange Group has a fifty-two week low of GBX 6,684 and a fifty-two week high of £101.40.

London Stock Exchange Group (LON:LSEG) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a return on equity of 7.35% and a net margin of 14.67%. Sell-side analysts forecast 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 authorized a share buyback program on Thursday, July 30th that permits the company to repurchase 0 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Share buyback programs are generally a sign that the company’s management believes its shares are 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.