London Stock Exchange Group (LON:LSEG) Price Target Increased to £110 by Analysts at Berenberg Bank

London Stock Exchange Group (LON:LSEG) had its price target raised by Berenberg Bank from £106 ($134.16) to £110 ($139.22) in a report published on Wednesday morning, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Citigroup reaffirmed a top pick rating on shares of London Stock Exchange Group in a research note on Wednesday, January 31st. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, London Stock Exchange Group currently has a consensus rating of Buy and a consensus price target of £101.64 ($128.64).

London Stock Exchange Group Stock Performance

LSEG stock opened at GBX 9,314 ($117.88) on Wednesday. The company has a market capitalization of £49.89 billion, a P/E ratio of 6,749.28, a PEG ratio of 3.06 and a beta of 0.33. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 37.70. The company has a 50-day simple moving average of GBX 9,172.03 and a 200 day simple moving average of GBX 8,901.45. London Stock Exchange Group has a fifty-two week low of GBX 7,784 ($98.52) and a fifty-two week high of GBX 9,696 ($122.72).

London Stock Exchange Group Increases Dividend

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

Insider Buying and Selling at London Stock Exchange Group

In other London Stock Exchange Group news, insider Cressida Hogg acquired 533 shares of London Stock Exchange Group stock in a transaction dated Tuesday, March 19th. The stock was bought at an average price of GBX 9,410 ($119.10) per share, for a total transaction of £50,155.30 ($63,479.69). In related news, insider David Schwimmer sold 11,999 shares of London Stock Exchange Group stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of GBX 9,644 ($122.06), for a total value of £1,157,183.56 ($1,464,603.92). Also, insider Cressida Hogg bought 533 shares of the business’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). 10.28% of the stock is owned by corporate insiders.

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.