London Stock Exchange Group (LON:LSEG – Free Report) had its target price trimmed by Citigroup from £129 to £127 in a research note published on Friday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and set a £136 target price on shares of London Stock Exchange Group in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a £110 price objective on shares of London Stock Exchange Group in a research report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a £110 target price on shares of London Stock Exchange Group in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. lifted their price target on shares of London Stock Exchange Group from £136 to £137 and gave the company an “overweight” rating in a research report on Friday, April 10th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of £120.83.
Read Our Latest Report on London Stock Exchange Group
London Stock Exchange Group Price Performance
London Stock Exchange Group (LON:LSEG – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 244.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 14.67% and a return on equity of 7.35%. 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 stock repurchase program on Thursday, July 30th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.
London Stock Exchange Group Company Profile
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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