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London Stock Exchange ( (GB:LSEG) ) has provided an announcement.
London Stock Exchange Group plc has executed a share buyback program, purchasing 276,645 of its ordinary shares from Goldman Sachs International. The shares, bought at an average price of 87.7604 pence, will be held in treasury, impacting the company’s total voting rights and potentially influencing shareholder interests.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £129.00 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 Neutral.
The London Stock Exchange’s overall stock score reflects strong financial performance, which is the most significant factor. However, bearish technical indicators and a high P/E ratio weigh down the score. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:LSEG stock, click here.
More about London Stock Exchange
London Stock Exchange Group plc (LSEG) operates in the financial services industry, providing a range of services including stock exchange listings, trading, and market data services. It is a key player in the global financial markets, facilitating capital raising and offering trading platforms for various financial instruments.
Average Trading Volume: 1,390,685
Technical Sentiment Signal: Sell
Current Market Cap: £45.71B
For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.