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London Stock Exchange Group (LON:LSEG) Given "Buy" Rating at Berenberg Bank

Defense World ·  Oct 25, 2022 15:11

Berenberg Bank reaffirmed their buy rating on shares of London Stock Exchange Group (LON:LSEG – Get Rating) in a research report released on Monday morning, Marketbeat Ratings reports. They currently have a £100 ($120.83) price target on the stock.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank of Canada lifted their price target on shares of London Stock Exchange Group from £103 ($124.46) to £105 ($126.87) and gave the company an outperform rating in a research report on Thursday, August 18th. JPMorgan Chase & Co. lifted their price target on shares of London Stock Exchange Group from GBX 9,500 ($114.79) to GBX 9,700 ($117.21) and gave the company an overweight rating in a research report on Thursday, October 13th. Barclays reiterated an overweight rating and issued a GBX 9,200 ($111.16) price target on shares of London Stock Exchange Group in a research report on Wednesday, September 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of London Stock Exchange Group from GBX 8,000 ($96.67) to GBX 7,700 ($93.04) and set a hold rating for the company in a research report on Friday, September 30th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of GBX 9,384.29 ($113.39).

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London Stock Exchange Group Stock Up 0.2 %

LON LSEG opened at GBX 7,366 ($89.00) on Monday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 29.85. London Stock Exchange Group has a 1-year low of GBX 6,230 ($75.28) and a 1-year high of GBX 8,612 ($104.06). The company has a 50 day moving average of GBX 7,840.58 and a 200-day moving average of GBX 7,717.63. The company has a market cap of £40.90 billion and a price-to-earnings ratio of 4,384.52.

London Stock Exchange Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 20th. Shareholders of record on Thursday, August 18th were given a dividend of GBX 31.70 ($0.38) per share. The ex-dividend date was Thursday, August 18th. This represents a yield of 0.39%. London Stock Exchange Group's dividend payout ratio is currently 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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