London Stock Exchange Group plc (LON:LSEG) Receives Consensus Recommendation of "Buy" from Analysts

Key Points

• The London Stock Exchange Group plc has received a consensus rating of "Buy" from six brokerages, with an average target price of £131.
• Insider purchases include significant acquisitions by Lloyd Pitchford and David Schwimmer, totaling approximately £329,235 combined, which indicates confidence in the company's performance.
• Despite a slight decline in stock price, LSEG declared a share buyback program, suggesting that the management believes shares are undervalued.

London Stock Exchange Group plc (LON:LSEG - Get Free Report) has earned a consensus rating of "Buy" from the six brokerages that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have covered the stock in the last year is £131.

A number of equities analysts have weighed in on LSEG shares. Royal Bank Of Canada reissued an "outperform" rating and set a £132 price target on shares of London Stock Exchange Group in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft lifted their target price on London Stock Exchange Group from £127 to £128 and gave the stock a "buy" rating in a research note on Friday, August 1st. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of London Stock Exchange Group in a report on Wednesday, September 10th. Jefferies Financial Group reaffirmed a "buy" rating and set a £135 price objective on shares of London Stock Exchange Group in a research report on Tuesday. Finally, Citigroup increased their price objective on shares of London Stock Exchange Group from £130 to £132 and gave the company a "buy" rating in a research report on Monday, August 4th.

Insider Activity at London Stock Exchange Group

In related news, insider Lloyd Pitchford acquired 1,500 shares of the stock in a transaction on Monday, August 4th. The shares were purchased at an average price of GBX 9,413 per share, for a total transaction of £141,195. Also, insider David Schwimmer acquired 2,000 shares of the company's stock in a transaction on Monday, August 4th. The stock was bought at an average cost of GBX 9,402 per share, with a total value of £188,040. Over the last three months, insiders have acquired 13,862 shares of company stock worth $124,719,964. Corporate insiders own 0.29% of the company's stock.

London Stock Exchange Group Stock Down 0.1%

LSEG stock traded down GBX 6 during mid-day trading on Tuesday, reaching GBX 8,570. The company had a trading volume of 1,090,304 shares, compared to its average volume of 4,917,346. London Stock Exchange Group has a 52 week low of GBX 8,094 and a 52 week high of £121.85. The company has a market capitalization of £44.57 billion, a price-to-earnings ratio of 4,614.97, a PEG ratio of 1.72 and a beta of 0.41. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01. The stock has a 50 day simple moving average of GBX 9,078.97 and a two-hundred day simple moving average of £104.11.

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

London Stock Exchange Group declared that its Board of Directors has authorized a share buyback program on Thursday, July 31st that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

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.

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