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Royal Bank of Canada Reiterates Outperform Rating for London Stock Exchange Group (LON:LSEG)

Defense World ·  Nov 2, 2022 13:32

London Stock Exchange Group (LON:LSEG – Get Rating)'s stock had its "outperform" rating reissued by investment analysts at Royal Bank of Canada in a research report issued on Monday, Marketbeat Ratings reports. They presently have a £105 ($126.87) target price on the stock. Royal Bank of Canada's price objective suggests a potential upside of 37.80% from the stock's current price.

Other analysts have also issued reports about the stock. Barclays reissued an "overweight" rating and set a GBX 9,200 ($111.16) target price on shares of London Stock Exchange Group in a research note on Monday, October 24th. JPMorgan Chase & Co. lifted their target price on London Stock Exchange Group from GBX 9,700 ($117.21) to GBX 9,940 ($120.11) and gave the stock an "overweight" rating in a report on Monday, October 24th. Berenberg Bank reaffirmed a "buy" rating and set a £100 ($120.83) target price on shares of London Stock Exchange Group in a research report on Monday, October 24th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target 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. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, London Stock Exchange Group presently has an average rating of "Moderate Buy" and an average target price of GBX 9,384.29 ($113.39).

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London Stock Exchange Group Price Performance

Shares of LSEG opened at GBX 7,620 ($92.07) on Monday. The firm has a market capitalization of £42.31 billion and a price-to-earnings ratio of 4,535.71. The stock's fifty day moving average is GBX 7,727.53 and its 200-day moving average is GBX 7,687.37. London Stock Exchange Group has a one year low of GBX 6,230 ($75.28) and a one year high of GBX 8,612 ($104.06). The company has a debt-to-equity ratio of 29.85, a quick ratio of 0.01 and a current ratio of 1.00.

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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