Legal & General Group’s (LGEN) Sell Rating Reaffirmed at UBS Group
UBS Group reissued their sell rating on shares of Legal & General Group (LON:LGEN) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently commented on the company. Credit Suisse Group restated an underperform rating on shares of Legal & General Group in a research report on Monday, January 13th. Royal Bank of Canada restated a top pick rating on shares of Legal & General Group in a research report on Thursday, January 16th. 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 report on Thursday, November 28th. Barclays boosted their price objective on Legal & General Group from GBX 343 ($4.51) to GBX 347 ($4.56) and gave the company an overweight rating in a research report on Monday, February 10th. Finally, Deutsche Bank restated a buy rating on shares of Legal & General Group in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 294.10 ($3.87).
Shares of Legal & General Group stock traded down GBX 9.10 ($0.12) during trading hours on Friday, hitting GBX 260 ($3.42). The company’s stock had a trading volume of 36,711,949 shares, compared to its average volume of 20,180,000. The business has a 50 day moving average price of GBX 305.92 and a two-hundred day moving average price of GBX 275.16. Legal & General Group has a 12-month low of GBX 210.70 ($2.77) and a 12-month high of GBX 2,644 ($34.78). The company has a market cap of $15.51 billion and a PE ratio of 8.02. 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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