Legal & General Group Plc (LGGNY) Rating Reiterated by Beaufort Securities
Legal & General Group Plc (NASDAQ:LGGNY)‘s stock had its “buy” rating reiterated by stock analysts at Beaufort Securities in a research note issued to investors on Wednesday.
LGGNY has been the topic of a number of other reports. Zacks Investment Research raised Legal & General Group Plc from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a research note on Wednesday, September 21st. Shore Capital reiterated a “buy” rating on shares of Legal & General Group Plc in a report on Saturday, June 25th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Legal & General Group Plc in a report on Thursday, August 11th. Deutsche Bank AG reiterated a “buy” rating on shares of Legal & General Group Plc in a report on Saturday, June 25th. Finally, Bank of America Corp. lowered shares of Legal & General Group Plc from a “buy” rating to a “neutral” rating in a report on Monday, June 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. Legal & General Group Plc currently has an average rating of “Buy” and a consensus price target of $16.00.
Legal & General Group Plc (NASDAQ:LGGNY) traded up 1.02% on Wednesday, hitting $14.32. The company had a trading volume of 2,857 shares. The company has a market capitalization of $16.97 billion and a P/E ratio of 10.85. Legal & General Group Plc has a one year low of $10.76 and a one year high of $21.65. The stock’s 50-day moving average price is $14.01 and its 200 day moving average price is $15.19.
Legal & General Group Plc Company Profile
Legal & General Group plc is engaged in life assurance and long-term savings business, fund management, and general insurance and health business around the world. The Company manages around £709 billion in assets for more than 3,000 institutional clients. The Company operates through the following businesses: Insurance; Savings; Legal & General Retirement (LGR); Legal & General Investment Management (LGIM); Legal & General Capital (LGC), and Legal & General America (LGA).
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