JPMorgan Chase & Co. Lowers London Stock Exchange Group (LON:LSEG) Price Target to £127

London Stock Exchange Group (LON:LSEG - Get Free Report) had its price objective cut by JPMorgan Chase & Co. from £133 ($178.48) to £127 ($170.42) in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 17.00% from the company's current price.

Other analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of London Stock Exchange Group from £129 ($173.11) to £127 ($170.42) and set a "buy" rating on the stock in a report on Tuesday, July 8th. Canaccord Genuity Group restated a "buy" rating on shares of London Stock Exchange Group in a research report on Tuesday, May 6th.

London Stock Exchange Group Stock Performance

Shares of LSEG stock remained flat at £108.55 ($145.67) during trading hours on Wednesday. 430,367 shares of the stock traded hands, compared to its average volume of 4,779,448. The company has a market cap of £57.46 billion, a PE ratio of 85.13, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a twelve month low of GBX 9,312 ($124.96) and a twelve month high of £121.85 ($163.51). The firm has a 50 day moving average price of £111.04 and a 200-day moving average price of £113.32. 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 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.