Legal & General Group Plc (NASDAQ:LGGNY) Receives Average Recommendation of “Hold” from Analysts
Shares of Legal & General Group Plc (NASDAQ:LGGNY) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company.
Separately, Zacks Investment Research upgraded shares of Legal & General Group Plc from a “hold” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research note on Thursday, March 30th.
Shares of Legal & General Group Plc (NASDAQ LGGNY) traded up 0.58% during midday trading on Friday, hitting $17.30. The stock had a trading volume of 6,088 shares. Legal & General Group Plc has a one year low of $12.53 and a one year high of $17.55. The company has a market cap of $20.61 billion and a P/E ratio of 12.58. The firm has a 50 day moving average of $16.72 and a 200-day moving average of $15.82.
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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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