London Stock Exchange Group (LON:LSEG) Receives “Buy” Rating from Deutsche Bank Aktiengesellschaft

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday,Digital Look reports. They presently have a £110 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 28.78% from the company’s current price.

A number of other brokerages have also recently issued reports on LSEG. Jefferies Financial Group restated a “buy” rating and set a £110 target price on shares of London Stock Exchange Group in a report on Friday. Citigroup downgraded shares of London Stock Exchange Group to a “buy” rating in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of £121.33.

London Stock Exchange Group Stock Down 0.7%

LON:LSEG opened at GBX 8,542 on Friday. London Stock Exchange Group has a 12-month low of GBX 6,684 and a 12-month high of £102.90. The company has a quick ratio of 0.01, a current ratio of 229.64 and a debt-to-equity ratio of 59.24. The firm has a market capitalization of £41.59 billion, a P/E ratio of 36.04, a P/E/G ratio of 1.72 and a beta of 0.39. The stock’s fifty day simple moving average is GBX 8,822.59 and its 200-day simple moving average is GBX 8,746.90.

London Stock Exchange Group (LON:LSEG) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 244.90 EPS for the quarter. London Stock Exchange Group had a return on equity of 6.10% and a net margin of 13.41%. Equities research analysts expect that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

London Stock Exchange Group declared that its board has authorized a stock buyback plan on Thursday, April 9th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership 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.