Legal & General Group Plc (LON:LGEN) had its price objective trimmed by Barclays PLC from GBX 280 ($3.62) to GBX 279 ($3.60) in a research report report published on Monday. The brokerage currently has an overweight rating on the financial services provider’s stock.

A number of other analysts have also recently commented on the stock. Jefferies Group LLC lifted their target price on shares of Legal & General Group Plc from GBX 249 ($3.22) to GBX 253 ($3.27) and gave the stock a hold rating in a research note on Monday. Deutsche Bank AG reiterated a hold rating on shares of Legal & General Group Plc in a research note on Friday, September 8th. HSBC Holdings plc reiterated a buy rating and issued a GBX 290 ($3.75) target price on shares of Legal & General Group Plc in a research note on Wednesday, August 23rd. Macquarie lifted their target price on shares of Legal & General Group Plc from GBX 201 ($2.60) to GBX 218 ($2.82) and gave the stock an underperform rating in a research note on Thursday, August 10th. Finally, Societe Generale reiterated a hold rating and issued a GBX 250 ($3.23) target price on shares of Legal & General Group Plc in a research note on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 256.65 ($3.31).

Shares of Legal & General Group Plc (LON:LGEN) opened at 254.10 on Monday. Legal & General Group Plc has a one year low of GBX 204.08 and a one year high of GBX 279.90. The stock’s market capitalization is GBX 15.08 billion. The firm’s 50-day moving average is GBX 264.79 and its 200-day moving average is GBX 256.67.

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The company also recently announced a dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, August 17th will be issued a dividend of GBX 4.30 ($0.06) per share. This represents a dividend yield of 1.58%. The ex-dividend date is Thursday, August 17th.

In related news, insider John Kingman purchased 633 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was bought at an average price of GBX 260 ($3.36) per share, with a total value of £1,645.80 ($2,125.53). Also, insider Toby Strauss purchased 934 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was bought at an average cost of GBX 269 ($3.47) per share, with a total value of £2,512.46 ($3,244.81). Over the last ninety days, insiders have bought 2,546 shares of company stock valued at $667,429.

Legal & General Group Plc Company Profile

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).

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

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