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

Shares of London Stock Exchange Group plc (LON:LSEG - Get Free Report) have received a consensus recommendation of "Buy" from the seven research firms that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is £101.64 ($128.64).

A number of brokerages have weighed in on LSEG. Berenberg Bank lifted their price objective on London Stock Exchange Group from £106 ($134.16) to £110 ($139.22) and gave the company a "buy" rating in a report on Wednesday. Citigroup reissued a "top pick" rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st.

Insider Buying and Selling

In other London Stock Exchange Group news, insider David Schwimmer sold 11,999 shares of London Stock Exchange Group stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($122.06), for a total value of £1,157,183.56 ($1,464,603.92). In related news, insider David Schwimmer sold 11,999 shares of the firm's stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of GBX 9,644 ($122.06), for a total value of £1,157,183.56 ($1,464,603.92). Also, insider Cressida Hogg bought 533 shares of the company's stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of GBX 9,410 ($119.10) per share, for a total transaction of £50,155.30 ($63,479.69). Insiders own 10.28% of the company's stock.

London Stock Exchange Group Stock Performance

Shares of London Stock Exchange Group stock traded up GBX 8 ($0.10) during trading hours on Friday, hitting GBX 9,314 ($117.88). 561,097 shares of the company were exchanged, compared to its average volume of 1,206,178. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 37.70. The business has a 50-day moving average of GBX 9,172.03 and a 200-day moving average of GBX 8,897.24. London Stock Exchange Group has a 1 year low of GBX 7,784 ($98.52) and a 1 year high of GBX 9,696 ($122.72). The stock has a market capitalization of £49.89 billion, a price-to-earnings ratio of 6,749.28, a P/E/G ratio of 3.06 and a beta of 0.33.

London Stock Exchange Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 18th will be given a GBX 79.30 ($1.00) dividend. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 0.89%. This is an increase from London Stock Exchange Group's previous dividend of $35.70. London Stock Exchange Group's payout ratio is presently 8,333.33%.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.