London Stock Exchange Group plc (LON:LSEG) Given Consensus Rating of “Moderate Buy” by Analysts

Posted by on Aug 6th, 2023

London Stock Exchange Group plc (LON:LSEG – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the seven research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 9,436.17 ($121.15).

Several analysts have recently issued reports on LSEG shares. Jefferies Financial Group reissued a “buy” rating on shares of London Stock Exchange Group in a report on Monday, July 3rd. Bank of America reissued a “buy” rating and set a GBX 9,550 ($122.61) target price on shares of London Stock Exchange Group in a report on Thursday, April 13th. JPMorgan Chase & Co. increased their target price on London Stock Exchange Group from GBX 9,900 ($127.10) to GBX 9,967 ($127.96) and gave the stock an “overweight” rating in a report on Wednesday, July 12th. Finally, Barclays reissued an “overweight” rating and set a GBX 9,200 ($118.12) target price on shares of London Stock Exchange Group in a report on Thursday, June 22nd.

Insiders Place Their Bets

In other news, insider Martin Brand acquired 9,015 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The stock was purchased at an average price of GBX 8,363 ($107.37) per share, for a total transaction of £753,924.45 ($967,934.84). Over the last three months, insiders acquired 130,273 shares of company stock worth $1,101,127,612 and sold 161,114 shares worth $1,340,196,808. 21.71% of the stock is currently owned by corporate insiders.

London Stock Exchange Group Price Performance

London Stock Exchange Group stock opened at GBX 8,138 ($104.48) on Friday. The firm has a market capitalization of £40.66 billion, a P/E ratio of 5,690.91, a PEG ratio of 2.63 and a beta of 0.36. London Stock Exchange Group has a 1 year low of GBX 7,052 ($90.54) and a 1 year high of GBX 8,818 ($113.21). The business has a 50-day moving average of GBX 8,408.06 and a 200-day moving average of GBX 8,012.36. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 31.34.

London Stock Exchange Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 17th will be issued a GBX 35.70 ($0.46) dividend. The ex-dividend date is Thursday, August 17th. This represents a yield of 0.43%. London Stock Exchange Group’s payout ratio is currently 7,482.52%.

About London Stock Exchange Group

(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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Analyst Recommendations for London Stock Exchange Group (LON:LSEG)

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