London Stock Exchange Group (LON:LSEG) Rating Reiterated by Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of London Stock Exchange Group (LON:LSEG) in a report published on Thursday, MarketBeat.com reports. They currently have a £110 ($135.87) price objective on the stock.

Separately, Citigroup reissued a top pick rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of Buy and a consensus price target of £101.64 ($125.54).

London Stock Exchange Group Stock Performance

London Stock Exchange Group stock opened at GBX 8,934 ($110.35) on Thursday. The firm has a market capitalization of £47.85 billion, a P/E ratio of 6,473.91, a P/E/G ratio of 3.03 and a beta of 0.33. The stock has a fifty day moving average price of GBX 9,208.56 and a two-hundred day moving average price of GBX 8,960.83. London Stock Exchange Group has a 52-week low of GBX 7,784 ($96.15) and a 52-week high of GBX 9,696 ($119.76). The company has a debt-to-equity ratio of 37.70, a current ratio of 1.00 and a quick ratio of 0.01.

London Stock Exchange Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th will be paid a GBX 79.30 ($0.98) dividend. The ex-dividend date is Thursday, April 18th. This is an increase from London Stock Exchange Group’s previous dividend of $35.70. This represents a dividend yield of 0.89%. London Stock Exchange Group’s payout ratio is currently 8,333.33%.

Insider Transactions at London Stock Exchange Group

In related news, insider David Schwimmer sold 4,563 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of GBX 9,247 ($114.22), for a total value of £421,940.61 ($521,171.70). In other news, insider David Schwimmer sold 4,563 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of GBX 9,247 ($114.22), for a total transaction of £421,940.61 ($521,171.70). Also, insider Cressida Hogg acquired 533 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average price of GBX 9,410 ($116.23) per share, with a total value of £50,155.30 ($61,950.72). 10.32% of the stock is owned by company insiders.

London Stock Exchange Group Company Profile

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.