London Stock Exchange Group plc (LON:LSEG) Receives GBX 8,347 Average Price Target from Brokerages

by · The Cerbat Gem

Shares of London Stock Exchange Group plc (LON:LSEG – Get Free Report) have been given a consensus rating of “Buy” by the six brokerages that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 8,347 ($105.89).

A number of research firms recently weighed in on LSEG. Berenberg Bank reaffirmed a “buy” rating and set a £110 ($139.54) price target on shares of London Stock Exchange Group in a research note on Thursday, April 25th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 115 ($1.46) target price on shares of London Stock Exchange Group in a report on Tuesday, May 28th.

Check Out Our Latest Stock Analysis on London Stock Exchange Group

London Stock Exchange Group Trading Up 0.0 %

LON:LSEG opened at GBX 9,402 ($119.27) on Wednesday. The firm has a fifty day simple moving average of GBX 9,253.73 and a two-hundred day simple moving average of GBX 9,191.28. London Stock Exchange Group has a 12 month low of GBX 7,784 ($98.74) and a 12 month high of £110.80 ($140.56). The stock has a market capitalization of £49.84 billion, a price-to-earnings ratio of 6,911.76, a PEG ratio of 3.03 and a beta of 0.35. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 37.70.

Insiders Place Their Bets

In other news, insider Michel-Alain Proch acquired 2,000 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were purchased at an average cost of GBX 9,154 ($116.12) per share, with a total value of £183,080 ($232,246.61). In other London Stock Exchange Group news, insider Michel-Alain Proch bought 2,000 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were purchased at an average price of GBX 9,154 ($116.12) per share, for a total transaction of £183,080 ($232,246.61). Also, insider Martin Brand sold 14,320,787 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of GBX 9,150 ($116.07), for a total value of £1,310,352,010.50 ($1,662,250,425.60). Corporate insiders own 6.35% of the company’s stock.

London Stock Exchange Group Company Profile

(Get Free Report

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.

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