London Stock Exchange Group (LON:LSEG) Stock Price Down 0.2% - What's Next?

Key Points

• LSEG shares fell 0.2% to GBX 8,246 in Friday trading, with volume down 85% from the average session.
• Analysts remain bullish: six firms rate the stock a Buy, with a consensus rating of “Buy” and an average price target of £120.83.
• The company reported quarterly EPS of GBX 244.90, a 14.67% net margin and 7.35% return on equity; analysts forecast full-year EPS of approximately GBX 405.50.

London Stock Exchange Group plc (LON:LSEG - Get Free Report) traded down 0.2% on Friday . The company traded as low as GBX 8,136 and last traded at GBX 8,246. 2,650,785 shares changed hands during trading, a decline of 85% from the average session volume of 18,158,898 shares. The stock had previously closed at GBX 8,262.

Wall Street Analyst Weigh In

LSEG has been the topic of a number of research analyst reports. Citigroup lowered their price target on London Stock Exchange Group from £129 to £127 and set a "buy" rating on the stock in a report on Friday, August 7th. Jefferies Financial Group restated a "buy" rating and issued a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a £110 target price on shares of London Stock Exchange Group in a research report on Friday, July 31st. Finally, Royal Bank Of Canada restated an "outperform" rating and set a £136 price target on shares of London Stock Exchange Group in a report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, London Stock Exchange Group currently has a consensus rating of "Buy" and an average price target of £120.83.

London Stock Exchange Group Price Performance

The company has a quick ratio of 0.01, a current ratio of 253.33 and a debt-to-equity ratio of 72.25. The stock has a market capitalization of £39.88 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 1.72 and a beta of 0.40. The stock's 50 day moving average price is GBX 8,700.56 and its 200-day moving average price is GBX 8,861.90.

London Stock Exchange Group (LON:LSEG - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported GBX 244.90 EPS for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. As a group, equities analysts forecast that London Stock Exchange Group plc will post 405.5009823 EPS for the current year.

London Stock Exchange Group declared that its Board of Directors has initiated a stock buyback program on Thursday, July 30th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors 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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