Shares of London Stock Exchange Group plc (LON:LSEG – Get Rating) have earned an average recommendation of "Moderate Buy" from the seven research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 9,366.67 ($113.18).
Several research firms recently issued reports on LSEG. Royal Bank of Canada raised their price target on London Stock Exchange Group from £103 ($124.46) to £105 ($126.87) and gave the company an "outperform" rating in a report on Thursday, August 18th. Berenberg Bank restated a "buy" rating and set a £100 ($120.83) target price on shares of London Stock Exchange Group in a report on Monday, August 8th. Deutsche Bank Aktiengesellschaft reduced their target price on London Stock Exchange Group from GBX 8,000 ($96.67) to GBX 7,700 ($93.04) and set a "hold" rating on the stock in a report on Friday, September 30th. JPMorgan Chase & Co. raised their target price on London Stock Exchange Group from GBX 8,890 ($107.42) to GBX 9,500 ($114.79) and gave the stock an "overweight" rating in a report on Monday, August 8th. Finally, Barclays restated an "overweight" rating and set a GBX 9,200 ($111.16) target price on shares of London Stock Exchange Group in a report on Wednesday, September 14th.
Get London Stock Exchange Group alerts:London Stock Exchange Group Price Performance
London Stock Exchange Group stock opened at GBX 7,546 ($91.18) on Monday. The business's 50-day simple moving average is GBX 8,024.92 and its 200 day simple moving average is GBX 7,768.96. The stock has a market cap of £41.90 billion and a price-to-earnings ratio of 4,491.67. London Stock Exchange Group has a 12-month low of GBX 6,230 ($75.28) and a 12-month high of GBX 8,612 ($104.06). The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 29.85.
London Stock Exchange Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, September 20th. Stockholders of record on Thursday, August 18th were issued a dividend of GBX 31.70 ($0.38) per share. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend was Thursday, August 18th. London Stock Exchange Group's dividend payout ratio (DPR) is presently 56.55%.London Stock Exchange Group Company Profile
(Get Rating)
London Stock Exchange Group plc engages in the market infrastructure business primarily in the United Kingdom, the United States, other European countries, Asia, and internationally. The company operates through three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-trading, and foreign exchange markets, including London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall, and Tradeweb.
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