London Stock Exchange Group plc (LON:LSEG) Given Average Recommendation of "Buy" by Brokerages

Key Points

• London Stock Exchange Group has a consensus “Buy” rating from all six covering brokerages, with an average 12-month price target of £120.83.
• Recent analyst views remained positive: RBC maintained “Outperform” with a £136 target, while Deutsche Bank and Jefferies kept “Buy” ratings at £110; Citigroup trimmed its target from £129 to £127 but also maintained “Buy.”
• LSEG shares opened at GBX 8,942, up from a 52-week low of GBX 6,684, while the company reported quarterly EPS of GBX 244.90, a 14.67% net margin and a 7.35% return on equity.

Shares of London Stock Exchange Group plc (LON:LSEG - Get Free Report) have been given a consensus rating of "Buy" by the six brokerages that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have issued a report on the stock in the last year is £120.83.

Several research firms have issued reports on LSEG. Royal Bank Of Canada reiterated an "outperform" rating and issued a £136 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a £110 price target on shares of London Stock Exchange Group in a research note on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating and issued a £110 price target on shares of London Stock Exchange Group in a report on Friday, July 31st. Finally, Citigroup reduced their price objective on shares of London Stock Exchange Group from £129 to £127 and set a "buy" rating for the company in a research note on Friday, August 7th.

London Stock Exchange Group Trading Down 0.4%

LSEG opened at GBX 8,942 on Friday. The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25. London Stock Exchange Group has a 52 week low of GBX 6,684 and a 52 week high of £101.40. The business's 50 day moving average is GBX 8,662.41 and its two-hundred day moving average is GBX 8,780.37. The firm has a market cap of £43.54 billion, a price-to-earnings ratio of 32.15, a price-to-earnings-growth ratio of 1.72 and a beta of 0.39.

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

London Stock Exchange Group declared that its Board of Directors has initiated a share buyback plan on Thursday, July 30th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is 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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