Shares of London Stock Exchange Group plc (LON: LSEG) have achieved a consensus rating of “Buy” from the six rating companies that currently cover the company, reports Marketbeat.com. One equity research analyst rated the stock with a keep recommendation and five gave the company a buy recommendation. The one-year average price target among brokers who updated their stock coverage in the past year is 9,281.67 GBX ($ 121.27).
LSEG has been the subject of a number of recent analyst reports. Royal Bank of Canada lowered its target price on the London Stock Exchange Group from £ 106 ($ 138.49) to £ 103 ($ 134.57) and set an “outperformance” rating for the company in a report by research published on Wednesday 11 August. JPMorgan Chase & Co. raised its price target on the London Stock Exchange Group from 8,635 GBX ($ 112.82) to 8,890 GBX ($ 116.15) and assigned the stock an “overweight” rating. in a report released on Monday, August 9. Berenberg Bank reiterated a ‘buy’ note and set a price target of £ 100 ($ 130.65) on London Stock Exchange Group shares in a report released on Friday, September 3. Finally, Barclays reiterated an “overweight” rating and set a price target of £ 110 ($ 143.72) on London Stock Exchange Group shares in a report released on Monday August 9th.
Separately, insider David Schwimmer sold 24,113 shares of the company in a trade on Tuesday, August 10. The stock was sold for an average price of 7,868 GBX ($ 102.80), for a total value of £ 1,897,210.84 ($ 2,478,718.11).
Actions of London Stock Exchange Group Shares open at GBX 7,456 ($ 97.41) Thursday. The stock has a market capitalization of £ 37.74 billion and a P / E ratio of 74.06. The company has a quick ratio of 0.01, a current ratio of 1.00, and a debt ratio of 38.24. The stock has a 50-day moving average price of 7,857.94 GBX and a two-hundred-day moving average price of 7,652.75 GBX. The London Stock Exchange Group has a 12-month low of 6,854 GBX ($ 89.55) and a 12-month high of £ 100.10 ($ 130.78).
The company also recently announced a dividend, which was paid on Tuesday, September 21. Investors registered on Thursday August 19 received a dividend of 25 GBX ($ 0.33). The ex-dividend date of this dividend was Thursday, August 19. This represents a dividend yield of 0.33%. The payout ratio of the London Stock Exchange Group is 0.74%.
London Stock Exchange Group Company Profile
London Stock Exchange Group plc operates market infrastructure business primarily in UK, USA, Italy, France and overseas. The company operates in five segments: information services, post-trade services, capital markets, technology services and others. It operates a range of international equity, ETF, bond and derivative markets, including the London Stock Exchange; Borsa Italiana; MTS, a European bond market; and Turquoise, a pan-European multilateral equity trading platform.
Learn more: Do Equity Income Investments Outperform Income and Growth Investments?
This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $ 1,000 in the London Stock Exchange Group now?
Before you consider the London Stock Exchange Group, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and the London Stock Exchange Group was not on the list.
While the London Stock Exchange Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bids.
See the 5 actions here