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London Stock Exchange ( (GB:LSEG) ) has shared an announcement.
London Stock Exchange Group plc has repurchased 143,866 of its ordinary shares as part of its ongoing share buyback programme. The shares, purchased at an average price of 92.5063 pence, will be held in treasury, impacting the total voting rights and potentially influencing shareholder interests and market perceptions.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £10230.00 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’s strong financial performance and positive corporate events are significant strengths. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation, which tempers the overall score.
To see Spark’s full report on GB:LSEG stock, click here.
More about London Stock Exchange
London Stock Exchange Group plc (LSEG) is a leading global financial markets infrastructure and data provider. The company offers a range of services including trading, clearing, settlement, and data solutions, catering to a diverse set of market participants worldwide.
Average Trading Volume: 1,349,386
Technical Sentiment Signal: Hold
Current Market Cap: £49.88B
Learn more about LSEG stock on TipRanks’ Stock Analysis page.