Legal & General Group Plc (LON:LGEN)‘s stock had its “hold” rating reissued by Jefferies Group in a research note issued to investors on Monday. They presently have a GBX 212 ($2.63) price objective on the financial services provider’s stock. Jefferies Group’s target price indicates a potential downside of 11.26% from the company’s previous close.

A number of other analysts have also commented on LGEN. Panmure Gordon reissued a “buy” rating and issued a GBX 305 ($3.78) price objective on shares of Legal & General Group Plc in a research report on Friday, August 5th. Shore Capital reissued a “buy” rating on shares of Legal & General Group Plc in a research report on Tuesday, August 9th. Morgan Stanley cut their price objective on shares of Legal & General Group Plc from GBX 260 ($3.23) to GBX 247 ($3.06) and set an “equal weight” rating on the stock in a research report on Friday, August 12th. JPMorgan Chase & Co. cut their price objective on shares of Legal & General Group Plc from GBX 202 ($2.51) to GBX 197 ($2.44) and set an “underweight” rating on the stock in a research report on Monday, October 3rd. Finally, Deutsche Bank AG boosted their price objective on shares of Legal & General Group Plc from GBX 215 ($2.67) to GBX 225 ($2.79) and gave the stock a “hold” rating in a research report on Wednesday, August 17th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 243.65 ($3.02).

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

Legal & General Group Plc (LON:LGEN) opened at 236.30 on Monday. The firm has a 50-day moving average of GBX 219.53 and a 200 day moving average of GBX 213.43. Legal & General Group Plc has a 1-year low of GBX 160.50 and a 1-year high of GBX 275.40. The firm’s market cap is GBX 14.01 billion.

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In related news, insider Rudy Markham acquired 1,424 shares of the firm’s stock in a transaction on Monday, October 3rd. The shares were purchased at an average cost of GBX 217 ($2.69) per share, for a total transaction of £3,090.08 ($3,833.37). Also, insider Meddings,Richard H acquired 1,186 shares of the firm’s stock in a transaction on Thursday, September 1st. The stock was bought at an average price of GBX 212 ($2.63) per share, for a total transaction of £2,514.32 ($3,119.12).

About Legal & General Group Plc

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