London Stock Exchange Group plc (LON:LSEG) Receives Consensus Recommendation of “Buy” from Analysts

London Stock Exchange Group plc (LON:LSEG) has earned a consensus rating of “Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have issued a report on the stock in the last year is £121.50.

A number of research firms have recently commented on LSEG. Citigroup dropped their price objective on London Stock Exchange Group from £133 to £131 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a £115 target price on shares of London Stock Exchange Group in a report on Monday, January 19th. JPMorgan Chase & Co. upped their price target on London Stock Exchange Group from £131 to £132 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on London Stock Exchange Group from £119 to £114 and set a “buy” rating for the company in a research report on Monday, January 26th.

London Stock Exchange Group Stock Up 1.3%

London Stock Exchange Group stock opened at GBX 7,676 on Monday. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 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 £119.15. The firm has a fifty day moving average price of GBX 8,517.81 and a two-hundred day moving average price of GBX 8,836.27. The firm has a market cap of £38.81 billion, a price-to-earnings ratio of 41.34, a P/E/G ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group announced that its Board of Directors has authorized a share repurchase plan on Tuesday, November 4th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors 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.