Legal & General Group Plc (LON:LGEN) had its target price hoisted by equities research analysts at Berenberg Bank from GBX 276 ($3.45) to GBX 301 ($3.76) in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Berenberg Bank’s price target would suggest a potential upside of 27.11% from the company’s previous close.

A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Legal & General Group Plc in a report on Wednesday, August 10th. Morgan Stanley dropped their price objective on Legal & General Group Plc from GBX 260 ($3.25) to GBX 247 ($3.09) and set an “equal weight” rating on the stock in a report on Friday, August 12th. Shore Capital reiterated a “buy” rating on shares of Legal & General Group Plc in a report on Tuesday, August 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 300 ($3.75) price objective on shares of Legal & General Group Plc in a report on Thursday, August 11th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 305 ($3.81) price objective on shares of Legal & General Group Plc in a report on Friday, August 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. Legal & General Group Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 243.65 ($3.04).

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

Legal & General Group Plc (LON:LGEN) opened at 237.00 on Friday. The firm’s market capitalization is GBX 14.05 billion. Legal & General Group Plc has a one year low of GBX 160.50 and a one year high of GBX 275.40. The firm has a 50-day moving average price of GBX 218.74 and a 200-day moving average price of GBX 213.15.

In other Legal & General Group Plc news, insider Richard H. Meddings acquired 1,317 shares of the stock in a transaction dated Tuesday, November 1st. The stock was acquired at an average price of GBX 209 ($2.61) per share, with a total value of £2,752.53 ($3,438.94). Also, insider Rudy Markham acquired 1,424 shares of the stock in a transaction dated Monday, October 3rd. The stock was acquired at an average cost of GBX 217 ($2.71) per share, with a total value of £3,090.08 ($3,860.67).

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About Legal & General Group Plc

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