London Stock Exchange Group plc (LON:LSEG) Receives £101.64 Consensus Target Price from Analysts

Shares of London Stock Exchange Group plc (LON:LSEG) have been given an average recommendation of “Buy” by the seven research firms that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is £101.64 ($128.64).

A number of equities research analysts recently issued reports on LSEG shares. Berenberg Bank upped their price objective on shares of London Stock Exchange Group from £106 ($134.16) to £110 ($139.22) and gave the stock a “buy” rating in a report on Wednesday, April 10th. Citigroup reaffirmed a “top pick” rating on shares of London Stock Exchange Group in a research report on Wednesday, January 31st.

Insiders Place Their Bets

In other news, insider Cressida Hogg acquired 533 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were purchased at an average cost of GBX 9,410 ($119.10) per share, with a total value of £50,155.30 ($63,479.69). In other news, insider David Schwimmer sold 11,999 shares of the stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of GBX 9,644 ($122.06), for a total transaction of £1,157,183.56 ($1,464,603.92). Also, insider Cressida Hogg purchased 533 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were bought at an average cost of GBX 9,410 ($119.10) per share, for a total transaction of £50,155.30 ($63,479.69). Insiders own 10.32% of the company’s stock.

London Stock Exchange Group Trading Up 0.1 %

London Stock Exchange Group stock opened at GBX 9,314 ($117.88) on Friday. The company’s fifty day simple moving average is GBX 9,172.03 and its 200-day simple moving average is GBX 8,905.94. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 37.70. London Stock Exchange Group has a 12 month low of GBX 7,784 ($98.52) and a 12 month high of GBX 9,696 ($122.72). The stock has a market cap of £49.89 billion, a P/E ratio of 6,749.28, a P/E/G ratio of 3.03 and a beta of 0.33.

London Stock Exchange Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 79.30 ($1.00) per share. This represents a yield of 0.89%. This is a boost from London Stock Exchange Group’s previous dividend of $35.70. The ex-dividend date is Thursday, April 18th. London Stock Exchange Group’s dividend payout ratio is currently 8,333.33%.

London Stock Exchange Group Company Profile

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.