London Stock Exchange Group (LON:LSEG) Given “Overweight” Rating at JPMorgan Chase & Co.

London Stock Exchange Group (LON:LSEG)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Friday, Digital Look reports. They currently have a GBX 9,920 ($124.14) target price on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 18.18% from the stock’s current price.

LSEG has been the topic of a number of other research reports. Citigroup reaffirmed a “buy” rating on shares of London Stock Exchange Group in a research report on Thursday, September 7th. Jefferies Financial Group restated a “buy” rating on shares of London Stock Exchange Group in a research report on Monday, July 3rd. Finally, Barclays reiterated an “overweight” rating and issued a GBX 9,200 ($115.13) target price on shares of London Stock Exchange Group in a report on Thursday, June 22nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 9,428.33 ($117.99).

London Stock Exchange Group Stock Up 0.3 %

Shares of LON LSEG opened at GBX 8,394 ($105.04) on Friday. London Stock Exchange Group has a 52-week low of GBX 7,052 ($88.25) and a 52-week high of GBX 8,818 ($110.35). The company has a debt-to-equity ratio of 36.08, a quick ratio of 0.01 and a current ratio of 1.00. The company’s 50 day moving average price is GBX 8,233.41 and its 200-day moving average price is GBX 8,155.30. The company has a market capitalization of £41.93 billion, a P/E ratio of 6,937.19, a price-to-earnings-growth ratio of 2.81 and a beta of 0.37.

Insider Activity

In related news, insider Martin Brand sold 14,966,652 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of GBX 7,950 ($99.49), for a total value of £1,189,848,834 ($1,488,986,151.92). Over the last quarter, insiders bought 52,779 shares of company stock worth $444,523,405 and sold 19,714,104 shares worth $120,653,823,235. Corporate insiders own 14.98% of the company’s stock.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.