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

Key Points

• Analysts unanimously rate LSEG a “Buy”: All six analysts covering London Stock Exchange Group recommend buying the stock, with an average 1-year price target of £120.83.
• Brokerage targets range from £110 to £136, with Royal Bank of Canada maintaining an “outperform” rating and a £136 target; Citigroup lowered its target from £129 to £127 while retaining a “buy” rating.
• LSEG reported quarterly EPS of GBX 244.90, while shares opened at GBX 8,352 and the company carried a market capitalization of approximately £40.4 billion.

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

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

London Stock Exchange Group Trading Up 0.0%

Shares of LSEG stock opened at GBX 8,352 on Tuesday. The firm has a market cap of £40.40 billion, a P/E ratio of 30.03, a PEG ratio of 1.72 and a beta of 0.40. The company has a 50 day moving average of GBX 8,685.04 and a 200-day moving average of GBX 8,860.77. 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 12-month low of GBX 6,684 and a 12-month high of £101.40.

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

London Stock Exchange Group announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 30th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors 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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