London Stock Exchange Group (LON:LSEG – Get Rating) had its target price upped by Deutsche Bank Aktiengesellschaft from GBX 7,500 ($90.62) to GBX 8,000 ($96.67) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. They currently have a hold rating on the stock.
A number of other research analysts have also recently issued reports on LSEG. Royal Bank of Canada reissued an outperform rating and issued a £103 ($124.46) target price on shares of London Stock Exchange Group in a research note on Friday, May 6th. Berenberg Bank reaffirmed a buy rating and set a £100 ($120.83) price objective on shares of London Stock Exchange Group in a research report on Monday, August 8th. JPMorgan Chase & Co. upped their price objective 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 research report on Monday, August 8th. Morgan Stanley reaffirmed an overweight rating on shares of London Stock Exchange Group in a research report on Wednesday, May 11th. Finally, Barclays reaffirmed an overweight rating and set a GBX 9,200 ($111.16) price objective on shares of London Stock Exchange Group in a research report on Monday, August 8th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of GBX 9,335.71 ($112.80).
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London Stock Exchange Group Stock Up 1.2 %
LON:LSEG opened at GBX 8,470 ($102.34) on Tuesday. London Stock Exchange Group has a 1 year low of GBX 6,230 ($75.28) and a 1 year high of GBX 8,546 ($103.26). The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 32.80. The stock has a market cap of £47.72 billion and a price-to-earnings ratio of 4,983.33. The stock has a 50-day moving average price of GBX 7,695.71 and a two-hundred day moving average price of GBX 7,547.09.
London Stock Exchange Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, September 20th. Investors of record on Thursday, August 18th will be issued a dividend of GBX 31.70 ($0.38) per share. The ex-dividend date is Thursday, August 18th. This represents a yield of 0.39%. London Stock Exchange Group's payout ratio is presently 45.65%.
About London Stock Exchange Group
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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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