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The latest announcement is out from London Stock Exchange ( (GB:LSEG) ).
London Stock Exchange Group plc (LSEG) has executed a share buyback program, purchasing 300,874 of its ordinary shares from Goldman Sachs International. The shares will be held in treasury, impacting the total voting rights and shareholding structure, which stakeholders can use for notification obligations under FCA rules.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £122.00 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, primarily offering services related to stock exchange and financial market infrastructure. The company focuses on providing trading, clearing, settlement, and data solutions to a global market.
Average Trading Volume: 1,658,561
Technical Sentiment Signal: Hold
Current Market Cap: £44.58B
See more data about LSEG stock on TipRanks’ Stock Analysis page.