Legal & General Group Plc (LGEN) Receives “Buy” Rating from Beaufort Securities
A number of other equities research analysts have also recently issued reports on LGEN. Goldman Sachs Group Inc. reissued a neutral rating and issued a GBX 265 ($3.46) price target on shares of Legal & General Group Plc in a research note on Wednesday, June 1st. Deutsche Bank AG reissued a buy rating on shares of Legal & General Group Plc in a research note on Friday, June 3rd. Royal Bank Of Canada reissued an outperform rating and issued a GBX 300 ($3.92) price target on shares of Legal & General Group Plc in a research note on Wednesday, June 15th. Shore Capital restated a buy rating on shares of Legal & General Group Plc in a report on Friday, June 24th. Finally, Canaccord Genuity decreased their price objective on Legal & General Group Plc from GBX 250 ($3.26) to GBX 200 ($2.61) and set a hold rating on the stock in a report on Monday, June 27th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 244.83 ($3.20).
Legal & General Group Plc (LON:LGEN) traded up 0.14% on Wednesday, hitting GBX 219.30. 6,729,927 shares of the stock were exchanged. The stock’s 50 day moving average price is GBX 212.63 and its 200 day moving average price is GBX 217.37. Legal & General Group Plc has a 52-week low of GBX 160.50 and a 52-week high of GBX 275.40. The firm’s market cap is GBX 13.00 billion.
The firm also recently announced a dividend, which was paid on Thursday, September 22nd. Investors of record on Thursday, August 18th were given a dividend of GBX 4 ($0.05) per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a yield of 1.94%.
In related news, insider Wilson,Julia bought 7,320 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The shares were acquired at an average cost of GBX 206 ($2.69) per share, for a total transaction of £15,079.20 ($19,683.07). Also, insider Meddings,Richard H bought 1,186 shares of the company’s stock in a transaction that occurred on Thursday, September 1st. The shares were bought at an average price of GBX 212 ($2.77) per share, for a total transaction of £2,514.32 ($3,281.97).
Legal & General Group Plc Company Profile
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