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The latest update is out from London Stock Exchange ( (GB:LSEG) ).
LSEG has executed a share buyback program, purchasing 36,795 of its ordinary shares from Goldman Sachs International at an average price of 99.3772 pence per share. This move is part of LSEG’s strategy to manage its capital structure and enhance shareholder value by holding these shares in treasury, which may impact the total voting rights and shareholding structure.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £113.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.
Spark’s Take on GB:LSEG Stock
According to Spark, TipRanks’ AI Analyst, GB:LSEG is a Outperform.
The London Stock Exchange Group’s overall stock score reflects strong financial performance and positive earnings call insights, offset by technical indicators suggesting a bearish trend. The high P/E ratio indicates potential overvaluation, but corporate actions like share buybacks and insider purchases signal confidence in future growth.
To see Spark’s full report on GB:LSEG stock, click here.
More about London Stock Exchange
London Stock Exchange Group plc (LSEG) operates within the financial services industry, providing a range of services including stock exchange operations, financial market data, and analytics. It is a key player in the global financial markets, facilitating trading and investment activities.
Average Trading Volume: 1,322,784
Technical Sentiment Signal: Hold
Current Market Cap: £51.59B
For an in-depth examination of LSEG stock, go to TipRanks’ Overview page.