London Stock Exchange Group (LON:LSEG – Get Rating)‘s stock had its “overweight” rating reaffirmed by Barclays in a research note issued on Thursday, Digital Look reports. They presently have a GBX 9,500 ($127.47) price target on the stock. Barclays‘s price objective indicates a potential upside of 32.24% from the stock’s previous close.
LSEG has been the topic of a number of other research reports. Berenberg Bank reaffirmed a “buy” rating and issued a £100 ($134.17) target price on shares of London Stock Exchange Group in a research report on Monday, January 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of London Stock Exchange Group in a research report on Wednesday, February 9th. Citigroup raised shares of London Stock Exchange Group to a “buy” rating and upped their target price for the company from GBX 8,600 ($115.39) to GBX 9,300 ($124.78) in a research report on Wednesday, January 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 7,500 ($100.63) target price on shares of London Stock Exchange Group in a research report on Friday. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 9,130 ($122.50).
Due to Russian threats, the White House has warned the semiconductor industry about possible material shortages…including helium. Chipmakers currently source required materials from both Ukraine and Russia, which could further worsen the existing helium shortage.
LON LSEG opened at GBX 7,184 ($96.39) on Thursday. The firm’s 50-day moving average is GBX 7,028.37 and its two-hundred day moving average is GBX 7,287.92. London Stock Exchange Group has a 12 month low of GBX 6,230 ($83.59) and a 12 month high of GBX 9,388 ($125.96). The company has a debt-to-equity ratio of 38.24, a current ratio of 1.00 and a quick ratio of 0.01. The stock has a market capitalization of £40.04 billion and a P/E ratio of 71.34.
In other London Stock Exchange Group news, insider Tsega Gebreyes purchased 1,200 shares of London Stock Exchange Group stock in a transaction dated Wednesday, December 29th. The shares were acquired at an average price of GBX 7,086 ($95.08) per share, with a total value of £85,032 ($114,090.97).
About London Stock Exchange Group (Get Rating)
London Stock Exchange Group plc engages in market infrastructure business primarily in the United Kingdom, the United States, Italy, France, and internationally. The company operates in five segments: Information Services, Post Trade Services, Capital Markets, Technology Services, and Other. It operates a range of international equity, ETF, bond, and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, a European fixed income market; and Turquoise, a pan-European equities multilateral trading facility.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in London Stock Exchange Group right now?
Before you consider London Stock Exchange Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and London Stock Exchange Group wasn’t on the list.
While London Stock Exchange Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
from WordPress https://ift.tt/Bil06pf
via IFTTT
No comments:
Post a Comment