Legal & General Group Plc (LON:LGEN)‘s stock had its “neutral” rating reiterated by stock analysts at Macquarie in a research report issued on Wednesday. They currently have a GBX 201 ($2.49) price objective on the financial services provider’s stock. Macquarie’s price objective indicates a potential downside of 13.66% from the company’s current price.

Several other research firms have also commented on LGEN. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Legal & General Group Plc in a report on Wednesday, August 10th. Morgan Stanley reduced their target price on shares of Legal & General Group Plc from GBX 260 ($3.22) to GBX 247 ($3.06) and set an “equal weight” rating on the stock in a report on Friday, August 12th. Shore Capital reaffirmed a “buy” rating on shares of Legal & General Group Plc in a report on Tuesday, August 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 300 ($3.72) target price on shares of Legal & General Group Plc in a report on Thursday, August 11th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 305 ($3.78) target price on shares of Legal & General Group Plc in a report on Friday, August 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. Legal & General Group Plc currently has a consensus rating of “Hold” and an average target price of GBX 242.18 ($3.00).

Analyst Recommendations for Legal & General Group Plc (LON:LGEN)

Legal & General Group Plc (LON:LGEN) opened at 231.90 on Wednesday. The stock’s 50 day moving average is GBX 215.09 and its 200 day moving average is GBX 212.68. Legal & General Group Plc has a one year low of GBX 160.50 and a one year high of GBX 275.40. The firm’s market cap is GBX 13.74 billion.

In related news, insider Meddings,Richard H acquired 1,186 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was purchased at an average cost of GBX 212 ($2.63) per share, with a total value of £2,514.32 ($3,114.48). Also, insider Rudy Markham acquired 1,424 shares of the firm’s stock in a transaction dated Monday, October 3rd. The shares were bought at an average cost of GBX 217 ($2.69) per share, with a total value of £3,090.08 ($3,827.67).

Legal & General Group Plc Company Profile

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