London Stock Exchange Group (LON:LSEG) Given Overweight Rating at JPMorgan Chase & Co.

by · The Cerbat Gem

JPMorgan Chase & Co. reissued their overweight rating on shares of London Stock Exchange Group (LON:LSEG – Free Report) in a report released on Wednesday, Marketbeat reports.

LSEG has been the topic of several other reports. Deutsche Bank Aktiengesellschaft raised their price target on London Stock Exchange Group from £127 to £128 and gave the stock a “buy” rating in a research report on Friday, August 1st. Royal Bank Of Canada restated an “outperform” rating and set a £132 price target on shares of London Stock Exchange Group in a research report on Thursday, July 31st. Finally, Citigroup raised their price target on London Stock Exchange Group from £130 to £132 and gave the stock a “buy” rating in a research report on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of £130.

View Our Latest Analysis on LSEG

London Stock Exchange Group Price Performance

LSEG opened at GBX 8,632 on Wednesday. The stock’s 50 day simple moving average is GBX 9,796.35 and its 200 day simple moving average is £107.30. The company has a debt-to-equity ratio of 47.39, a current ratio of 1.00 and a quick ratio of 0.01. London Stock Exchange Group has a 1 year low of GBX 8,632 and a 1 year high of £121.85. The firm has a market cap of £45.20 billion, a price-to-earnings ratio of 4,648.36, a PEG ratio of 1.72 and a beta of 0.41.

London Stock Exchange Group (LON:LSEG – Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported GBX 208.90 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%. As a group, analysts predict that London Stock Exchange Group will post 405.5009823 earnings per share for the current year.

London Stock Exchange Group announced that its Board of Directors has authorized a share buyback program on Thursday, July 31st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Transactions at London Stock Exchange Group

In other London Stock Exchange Group news, insider Lloyd Pitchford acquired 1,500 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of GBX 9,413 per share, for a total transaction of £141,195. Also, insider Michel-Alain Proch acquired 5,686 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was acquired at an average price of GBX 9,340 per share, for a total transaction of £531,072.40. In the last three months, insiders have acquired 9,186 shares of company stock worth $86,030,740. 0.29% of the stock is currently owned by insiders.

About London Stock Exchange Group

(Get Free Report)

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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