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London Stock Exchange Group Plc (LON:LSEG) Receives Average Rating of "Moderate Buy" From Brokerages

Financial News Live ·  Sep 20, 2022 03:31

Shares of London Stock Exchange Group plc (LON:LSEG – Get Rating) have earned an average rating of "Moderate Buy" from the seven brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 9,416.67 ($113.78).

Several research firms have recently issued reports on LSEG. Deutsche Bank Aktiengesellschaft raised their price objective on London Stock Exchange Group from GBX 7,500 ($90.62) to GBX 8,000 ($96.67) and gave the stock a "hold" rating in a report on Tuesday, August 16th. Berenberg Bank restated a "buy" rating and set a £100 ($120.83) price objective on shares of London Stock Exchange Group in a research note on Monday, August 8th. Barclays reissued an "overweight" rating and issued a GBX 9,200 ($111.16) price objective on shares of London Stock Exchange Group in a report on Wednesday, September 14th. JPMorgan Chase & Co. raised 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 note on Monday, August 8th. Finally, Royal Bank of Canada lifted 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.

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London Stock Exchange Group Stock Performance

LON LSEG opened at GBX 7,710 ($93.16) on Thursday. 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 market capitalization of £42.95 billion and a P/E ratio of 4,634.52. The business has a 50 day moving average price of GBX 8,067.55 and a 200 day moving average price of GBX 7,769.80. The company has a debt-to-equity ratio of 29.85, a current ratio of 1.00 and a quick ratio of 0.01.

London Stock Exchange Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, September 20th. Stockholders of record on Thursday, August 18th will be issued a GBX 31.70 ($0.38) dividend. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, August 18th. London Stock Exchange Group's payout ratio is 56.55%.

About London Stock Exchange Group

(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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