Invest Money UK
London Stock Exchange Group (LON:LSEG – Get Free Report)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a £102 ($125.26) price objective on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 18.00% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on LSEG. JPMorgan Chase & Co. restated an “overweight” rating on shares of London Stock Exchange Group in a report on Friday. Citigroup restated a “buy” rating on shares of London Stock Exchange Group in a report on Monday, November 6th. Finally, Berenberg Bank upped their price objective on shares of London Stock Exchange Group from £100 ($122.80) to £104 ($127.72) and gave the company a “buy” rating in a report on Monday. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 9,854 ($121.01).
Read Our Latest Stock Report on LSEG
London Stock Exchange Group Trading Up 1.1 %
Shares of LON:LSEG traded up GBX 94 ($1.15) during midday trading on Monday, reaching GBX 8,644 ($106.15). The company’s stock had a trading volume of 617,435 shares, compared to its average volume of 1,055,932. The firm has a 50 day moving average price of GBX 8,298.96 and a two-hundred day moving average price of GBX 8,328.51. London Stock Exchange Group has a fifty-two week low of GBX 7,052 ($86.60) and a fifty-two week high of GBX 8,818 ($108.29). The firm has a market capitalization of £45.00 billion, a price-to-earnings ratio of 7,143.80, a PEG ratio of 2.88 and a beta of 0.34. The company has a debt-to-equity ratio of 36.08, a quick ratio of 0.01 and a current ratio of 1.00.
Insider Activity at London Stock Exchange Group
In other London Stock Exchange Group news, insider Martin Brand sold 14,966,652 shares of London Stock Exchange Group stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of GBX 7,950 ($97.63), for a total transaction of £1,189,848,834 ($1,461,192,231.36). 14.98% of the stock is owned by insiders.
London Stock Exchange Group Company Profile
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider London Stock Exchange Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and London Stock Exchange Group wasn’t on the list.
While London Stock Exchange Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise.
