London Stock Exchange Group (OTCMKTS:LNSTY) Shares Down 0.1% – Time to Sell?

Shares of London Stock Exchange Group plc – Unsponsored ADR (OTCMKTS:LNSTY) fell 0.1% on Tuesday . The company traded as low as $29.03 and last traded at $29.14. 300,036 shares changed hands during trading, a decline of 60% from the average session volume of 745,401 shares. The stock had previously closed at $29.16.

Analysts Set New Price Targets

A number of analysts have commented on LNSTY shares. Zacks Research upgraded London Stock Exchange Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Citigroup restated a “buy” rating on shares of London Stock Exchange Group in a research note on Tuesday, September 30th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of London Stock Exchange Group in a research note on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

London Stock Exchange Group Stock Performance

The firm has a 50 day simple moving average of $29.86 and a 200-day simple moving average of $31.68.

About London Stock Exchange Group

London Stock Exchange Group (OTCMKTS:LNSTY) is a global financial markets infrastructure and data company that operates a range of capital markets, trading, post-trade and information services. Its core activities include operating regulated exchanges and trading platforms, providing listing and capital-raising services for companies, and running clearing and settlement businesses that support risk management and post-trade processing. The group’s exchange and post-trade capabilities are complemented by market technology and services for brokers, banks and other financial intermediaries.

In addition to its exchange operations, LSEG offers extensive data, analytics and index products.