Barclays Increases Legal & General Group (LON:LGEN) Price Target to GBX 347
Legal & General Group (LON:LGEN) had its price objective increased by Barclays from GBX 343 ($4.51) to GBX 347 ($4.56) in a research report released on Monday, Stock Target Advisor reports. They currently have an overweight rating on the financial services provider’s stock.
Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada restated a top pick rating on shares of Legal & General Group in a research note on Thursday, January 16th. UBS Group restated a sell rating on shares of Legal & General Group in a research note on Thursday, January 16th. Deutsche Bank restated a buy rating on shares of Legal & General Group in a research note on Monday, February 3rd. Credit Suisse Group restated an underperform rating on shares of Legal & General Group in a research note on Monday, January 13th. Finally, Jefferies Financial Group boosted their price objective on Legal & General Group from GBX 257 ($3.38) to GBX 271 ($3.56) and gave the company a hold rating in a research note on Thursday, November 28th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Legal & General Group has an average rating of Hold and a consensus price target of GBX 294.10 ($3.87).
Shares of Legal & General Group stock opened at GBX 315.80 ($4.15) on Monday. Legal & General Group has a 52-week low of GBX 210.70 ($2.77) and a 52-week high of GBX 324.70 ($4.27). The stock’s 50-day simple moving average is GBX 306.74 and its 200 day simple moving average is GBX 271.30. The stock has a market capitalization of $18.58 billion and a P/E ratio of 9.75. The company has a debt-to-equity ratio of 51.72, a quick ratio of 0.45 and a current ratio of 1.45.
Legal & General Group Company Profile
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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