London Stock Exchange Group (LON:LSEG – Get Rating) had its price target lifted by JPMorgan Chase & Co. from GBX 9,700 ($117.21) to GBX 9,940 ($120.11) in a research report sent to investors on Monday morning, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
Several other brokerages have also commented on LSEG. Deutsche Bank Aktiengesellschaft decreased 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 for the company in a research report on Friday, September 30th. Barclays reaffirmed an overweight rating and issued a GBX 9,200 ($111.16) target price on shares of London Stock Exchange Group in a research report on Monday. Royal Bank of Canada boosted 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 report on Thursday, August 18th. Finally, Berenberg Bank reaffirmed a buy rating and issued a £100 ($120.83) price objective on shares of London Stock Exchange Group in a report on Monday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of GBX 9,384.29 ($113.39).
Get London Stock Exchange Group alerts:London Stock Exchange Group Price Performance
Shares of LSEG opened at GBX 7,366 ($89.00) on Monday. The firm has a market cap of £40.90 billion and a price-to-earnings ratio of 4,384.52. The stock 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 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 52 week low of GBX 6,230 ($75.28) and a 52 week high of GBX 8,612 ($104.06).
London Stock Exchange Group Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, September 20th. Shareholders of record on Thursday, August 18th were paid 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 payout ratio is 56.55%.London Stock Exchange Group Company Profile
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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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