Legal & General Group Plc (LON:LGEN) Receives GBX 276.33 Average PT from Analysts
Legal & General Group Plc (LON:LGEN) has been given a consensus rating of “Hold” by the twelve analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 274 ($3.58).
LGEN has been the subject of several research analyst reports. Royal Bank of Canada upped their price target on shares of Legal & General Group from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the stock a “top pick” rating in a report on Thursday, July 25th. HSBC restated a “hold” rating on shares of Legal & General Group in a report on Friday, September 6th. JPMorgan Chase & Co. decreased their price objective on Legal & General Group from GBX 285 ($3.72) to GBX 269 ($3.51) and set a “neutral” rating for the company in a report on Monday, September 16th. UBS Group restated a “sell” rating and issued a GBX 200 ($2.61) price objective (down from GBX 215 ($2.81)) on shares of Legal & General Group in a report on Thursday, September 5th. Finally, Credit Suisse Group increased their price objective on Legal & General Group from GBX 215 ($2.81) to GBX 224 ($2.93) and gave the company an “underperform” rating in a report on Monday, July 22nd.
In other Legal & General Group news, insider Toby Strauss purchased 1,242 shares of the firm’s stock in a transaction on Monday, September 2nd. The stock was purchased at an average cost of GBX 221 ($2.89) per share, for a total transaction of £2,744.82 ($3,586.59). Also, insider George Lewis purchased 394 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were acquired at an average price of GBX 265 ($3.46) per share, with a total value of £1,044.10 ($1,364.30). Insiders purchased 2,740 shares of company stock valued at $653,788 over the last 90 days.
About Legal & General Group
Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments.
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