London Stock Exchange Group (LON:LSEG) Price Target Raised to £128

Key Points

• Deutsche Bank Aktiengesellschaft raised the price target for London Stock Exchange Group from £127 to £128, suggesting a potential upside of 37.40% from the current price.
• The company recently reported an earnings per share (EPS) of GBX 208.90 ($2.76) for the last quarter, with analysts anticipating an EPS of 405.50 for the current fiscal year.
• LSEG's Board of Directors authorized a stock repurchase plan, indicating the management's belief that its shares are undervalued.

London Stock Exchange Group (LON:LSEG - Get Free Report) had its price objective boosted by stock analysts at Deutsche Bank Aktiengesellschaft from £127 ($167.77) to £128 ($169.09) in a report released on Friday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 37.40% from the company's current price.

LSEG has been the topic of several other reports. Canaccord Genuity Group reaffirmed a "buy" rating on shares of London Stock Exchange Group in a report on Tuesday, May 6th. JPMorgan Chase & Co. boosted their price objective on London Stock Exchange Group from £127 ($167.77) to £128 ($169.09) and gave the stock an "overweight" rating in a report on Friday.

London Stock Exchange Group Trading Up 0.6%

Shares of LSEG opened at GBX 9,316 ($123.06) on Friday. London Stock Exchange Group has a 52-week low of GBX 9,050 ($119.55) and a 52-week high of £121.85 ($160.96). The business's fifty day moving average is £108.53 and its 200-day moving average is £112.42. The company has a debt-to-equity ratio of 47.39, a quick ratio of 0.01 and a current ratio of 1.00. The firm has a market cap of £49.32 billion, a price-to-earnings ratio of 73.06, a PEG ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported GBX 208.90 ($2.76) earnings per share (EPS) for the quarter. London Stock Exchange Group had a return on equity of 2.92% and a net margin of 7.93%. Equities analysts anticipate that London Stock Exchange Group will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group declared that its Board of Directors has authorized a stock repurchase plan on Thursday, July 31st that permits the company to buyback 0 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

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.

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