Legal & General Group (LGEN) Shares Up 0%
Legal & General Group Plc (LON:LGEN)’s share price shot up 0% during trading on Tuesday . The company traded as high as GBX 254.80 ($3.52) and last traded at GBX 253.80 ($3.51). 13,895,263 shares were traded during mid-day trading, a decline of 12% from the average session volume of 15,880,000 shares. The stock had previously closed at GBX 253.80 ($3.51).
A number of research firms have recently commented on LGEN. Citigroup reiterated a “buy” rating on shares of Legal & General Group in a research note on Thursday, November 16th. Deutsche Bank reiterated a “hold” rating on shares of Legal & General Group in a research note on Wednesday, November 8th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Legal & General Group in a research note on Thursday, November 16th. Barclays dropped their price objective on Legal & General Group from GBX 294 ($4.06) to GBX 290 ($4.01) and set an “overweight” rating on the stock in a research note on Thursday, February 1st. Finally, Shore Capital reiterated a “buy” rating on shares of Legal & General Group in a research note on Wednesday, December 6th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company’s stock. Legal & General Group currently has an average rating of “Hold” and an average target price of GBX 267.71 ($3.70).
The company has a market cap of $15,120.00 and a price-to-earnings ratio of 976.15.
About Legal & General Group
Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).
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