London Stock Exchange Group (LON:LSEG) Earns Outperform Rating from Royal Bank of Canada

London Stock Exchange Group (LON:LSEG – Get a Rating)The stock had its “outperform” rating reissued by equity research analysts Royal Bank of Canada in a research report released Monday to clients and investors, Marketbeat reports. They currently have a price target of £105 ($126.87) on the stock. Royal Bank of Canada’s price target indicates upside potential of 36.68% from the current share price.

A number of other equity research analysts also weighed in on the company. Deutsche Bank Aktiengesellschaft cut its price target on the London Stock Exchange Group from 8,000 GBX ($96.67) to 7,700 GBX ($93.04) and set a “hold” rating for the company in a Friday, September 30 research report. Berenberg Bank reaffirmed a “buy” rating and set a target price of £100 ($120.83) on London Stock Exchange Group shares in a Monday, October 24 research report. JPMorgan Chase & Co. raised its price target on the London Stock Exchange Group from 9,700 GBX ($117.21) to 9,940 GBX ($120.11) and gave the company an “overweight” rating in a research report from Monday, October 24. Finally, Barclays reaffirmed an “overweight” rating and set a target price of 9,200 GBX ($111.16) on London Stock Exchange Group shares in a Monday, October 24 research report. One analyst has rated the stock with a hold rating and six have issued a buy rating for the company’s stock. Based on MarketBeat data, the London Stock Exchange Group has an average rating of “Moderate Buy” and a consensus target price of GBX 9,384.29 ($113.39).

London Stock Exchange Group Price Performance

LSEG opened at 7,682 GBX ($92.82) on Monday. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt ratio of 29.85. The company has a fifty-day moving average of 7,745.85 GBX and a 200-day moving average of 7,691.11 GBX. The stock has a market capitalization of £42.66 billion and a P/E ratio of 4,572.62. London Stock Exchange Group has a 52-week low of 6,230 GBX ($75.28) and a 52-week high of 8,612 GBX ($104.06).

About the London Stock Exchange Group

(Get an assessment)

London Stock Exchange Group plc is engaged in market infrastructure activities primarily in the UK, US, other European countries, Asia and internationally. The Company operates through three segments: Data and Analytics, Capital Markets and Back Office. It operates a range of international equity, fixed income, exchange-traded funds/exchange trading and foreign exchange markets, including the London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall and Tradeweb.

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Analyst recommendations for the London Stock Exchange Group (LON:LSEG)

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