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 target price dropped by JPMorgan Chase & Co. from £133 ($178.52) to £127 ($170.47) in a report issued on Wednesday, Marketbeat reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 17.27% from the stock's current price.

Other equities research analysts have also issued reports about the stock. Canaccord Genuity Group restated a "buy" rating on shares of London Stock Exchange Group in a report on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of London Stock Exchange Group from £129 ($173.15) to £127 ($170.47) and set a "buy" rating for the company in a report on Tuesday, July 8th.

London Stock Exchange Group Price Performance

Shares of LSEG stock traded down GBX 25 ($0.34) during trading hours on Wednesday, reaching £108.30 ($145.37). The stock had a trading volume of 491,515 shares, compared to its average volume of 4,748,375. The stock's fifty day simple moving average is £110.81 and its 200 day simple moving average is £113.26. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 47.39. London Stock Exchange Group has a 12 month low of GBX 9,312 ($124.99) and a 12 month high of £121.85 ($163.56). The firm has a market capitalization of £57.33 billion, a PE ratio of 84.94, a PEG ratio of 1.72 and a beta of 0.41.

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.