London Stock Exchange Group (LON:LSEG) Given Buy Rating at Berenberg Bank

London Stock Exchange Group (LON:LSEG)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Thursday, Digital Look reports. They presently have a £110 ($135.87) price target on the stock. Berenberg Bank’s target price indicates a potential upside of 24.32% from the company’s previous close.

Separately, Citigroup restated a “top pick” rating on shares of London Stock Exchange Group in a report on Wednesday, January 31st. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of £101.64 ($125.54).

London Stock Exchange Group Stock Down 0.5 %

LON:LSEG opened at GBX 8,847.96 ($109.29) on Thursday. London Stock Exchange Group has a fifty-two week low of GBX 7,784 ($96.15) and a fifty-two week high of GBX 9,696 ($119.76). The stock has a market capitalization of £47.39 billion, a P/E ratio of 6,411.57, a P/E/G ratio of 3.03 and a beta of 0.33. The company has a debt-to-equity ratio of 37.70, a quick ratio of 0.01 and a current ratio of 1.00. The company’s 50-day simple moving average is GBX 9,207.60 and its 200-day simple moving average is GBX 8,950.75.

Insider Activity at London Stock Exchange Group

In related news, insider Cressida Hogg acquired 533 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was purchased at an average cost of GBX 9,410 ($116.23) per share, with a total value of £50,155.30 ($61,950.72). In other London Stock Exchange Group news, insider Cressida Hogg purchased 533 shares of London Stock Exchange Group stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of GBX 9,410 ($116.23) per share, with a total value of £50,155.30 ($61,950.72). Also, insider David Schwimmer sold 4,563 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 9,247 ($114.22), for a total transaction of £421,940.61 ($521,171.70). 10.32% of the stock is currently owned by insiders.

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.