London Stock Exchange Group's (LSEG) "Buy" Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies Financial Group reiterated its “Buy” rating on London Stock Exchange Group, maintaining a positive view of the stock.
• Analyst sentiment remains broadly favorable: six analysts rate LSEG a Buy, with a consensus rating of “Buy” and an average price target of £120.83. Recent targets range from £110 to £136.
• LSEG reported quarterly EPS of GBX 244.90, a 14.67% net margin and a 7.35% return on equity; shares opened at GBX 8,232, while the company’s market capitalization stood at approximately £39.82 billion.

London Stock Exchange Group (LON:LSEG - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Jefferies Financial Group in a note issued to investors on Monday, London Stock Exchange reports.

Other equities research analysts also recently issued research reports about the company. Citigroup cut their price objective on London Stock Exchange Group from £129 to £127 and set a "buy" rating for the company in a research report on Friday, August 7th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a £136 target price on shares of London Stock Exchange Group in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a £110 price target on shares of London Stock Exchange Group in a research report on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of £120.83.

London Stock Exchange Group Stock Performance

Shares of LSEG opened at GBX 8,232 on Monday. The company has a debt-to-equity ratio of 72.25, a current ratio of 253.33 and a quick ratio of 0.01. The firm's 50 day moving average is GBX 8,568.50 and its 200-day moving average is GBX 8,830.81. London Stock Exchange Group has a 12-month low of GBX 6,684 and a 12-month high of £101.40. The stock has a market capitalization of £39.82 billion, a P/E ratio of 29.60, a P/E/G ratio of 1.72 and a beta of 0.40.

London Stock Exchange Group (LON:LSEG - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported GBX 244.90 EPS for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. Equities research analysts anticipate that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 30th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication 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.

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