London Stock Exchange Group (LON:LSEG) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank restated their buy rating on shares of London Stock Exchange Group (LON:LSEG - Free Report) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a £110 ($135.87) target price on the stock.

Separately, Citigroup reissued a top pick rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of Buy and a consensus price target of £101.64 ($125.54).

London Stock Exchange Group Stock Up 0.5 %

Shares of LON LSEG traded up GBX 44 ($0.54) during trading on Thursday, reaching GBX 8,934 ($110.35). The company had a trading volume of 726,433 shares, compared to its average volume of 1,208,132. London Stock Exchange Group has a 12-month low of GBX 7,784 ($96.15) and a 12-month high of GBX 9,696 ($119.76). The stock has a market cap of £47.85 billion, a PE ratio of 6,473.91, a P/E/G ratio of 3.03 and a beta of 0.33. The business's 50-day moving average is GBX 9,208.56 and its 200 day moving average is GBX 8,955.84. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 37.70.

London Stock Exchange Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 18th will be given a dividend of GBX 79.30 ($0.98) per share. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from London Stock Exchange Group's previous dividend of $35.70. This represents a dividend yield of 0.89%. London Stock Exchange Group's dividend payout ratio (DPR) is 8,333.33%.

Insider Activity at London Stock Exchange Group

In related news, insider David Schwimmer sold 11,999 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of GBX 9,644 ($119.12), for a total transaction of £1,157,183.56 ($1,429,327.52). In related news, insider Cressida Hogg acquired 533 shares of the firm's stock in a transaction dated Tuesday, March 19th. The shares were purchased at an average price of GBX 9,410 ($116.23) per share, with a total value of £50,155.30 ($61,950.72). Also, insider David Schwimmer sold 11,999 shares of the firm's stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of GBX 9,644 ($119.12), for a total value of £1,157,183.56 ($1,429,327.52). 10.32% of the stock is currently owned by insiders.

London Stock Exchange Group Company Profile

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.