Deutsche Bank Aktiengesellschaft Has Lowered Expectations for London Stock Exchange Group (LON:LSEG) Stock Price

London Stock Exchange Group (LON:LSEG - Free Report) had its target price lowered by Deutsche Bank Aktiengesellschaft from £129 ($175.37) to £127 ($172.65) in a report issued on Tuesday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity Group reissued a "buy" rating on shares of London Stock Exchange Group in a research note on Tuesday, May 6th.

London Stock Exchange Group Price Performance

Shares of LON:LSEG traded down GBX 20 ($0.27) during midday trading on Tuesday, reaching £108.50 ($147.50). 1,067,133 shares of the company's stock were exchanged, compared to its average volume of 4,964,647. The company's 50 day simple moving average is £111.87 and its two-hundred day simple moving average is £113.51. The firm has a market capitalization of £57.44 billion, a PE ratio of 85.09, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group has a 12 month low of GBX 8,982 ($122.10) and a 12 month high of £121.85 ($165.65). The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00.

Insider Activity at London Stock Exchange Group

In other news, insider Michel-Alain Proch sold 9,183 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of £111.36 ($151.39), for a total value of £1,022,618.88 ($1,390,183.36). 5.64% of the stock is currently owned by corporate insiders.

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.