Legal & General Group Plc (LON:LGEN)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays PLC in a research report issued to clients and investors on Monday, May 22nd, MarketBeat reports.

LGEN has been the topic of several other research reports. Jefferies Group LLC raised their target price on Legal & General Group Plc from GBX 225 ($2.85) to GBX 249 ($3.15) and gave the stock a “hold” rating in a research report on Wednesday, March 22nd. Goldman Sachs Group, Inc. (The) lifted their price target on Legal & General Group Plc from GBX 220 ($2.78) to GBX 240 ($3.04) and gave the stock a “neutral” rating in a research report on Monday, May 15th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 275 ($3.48) price target on shares of Legal & General Group Plc in a research report on Thursday, February 2nd. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 197 ($2.49) price target on shares of Legal & General Group Plc in a research report on Thursday, March 9th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 310 ($3.92) price target on shares of Legal & General Group Plc in a research report on Thursday, April 27th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Legal & General Group Plc presently has an average rating of “Hold” and a consensus target price of GBX 258.87 ($3.27).

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

Legal & General Group Plc (LON LGEN) traded up 0.74% during trading on Monday, hitting GBX 259.40. 24,303,485 shares of the stock traded hands. Legal & General Group Plc has a 12 month low of GBX 160.50 and a 12 month high of GBX 262.06. The company’s market cap is GBX 15.39 billion. The company’s 50 day moving average price is GBX 253.22 and its 200 day moving average price is GBX 247.75.

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In related news, insider John Kingman bought 646 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was bought at an average price of GBX 254 ($3.21) per share, with a total value of £1,640.84 ($2,075.70). Also, insider Toby Strauss purchased 1,111 shares of Legal & General Group Plc stock in a transaction that occurred on Monday, April 3rd. The stock was acquired at an average cost of GBX 248 ($3.14) per share, with a total value of £2,755.28 ($3,485.49). Insiders bought 13,880 shares of company stock valued at $3,471,280 in the last ninety days.

About Legal & General Group Plc

Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).

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