Legal & General Group Plc (LON:LGEN) shot up 0.9% during trading on Thursday . The company traded as high as GBX 258.90 ($3.49) and last traded at GBX 258.90 ($3.49). 12,096,062 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 12,859,700 shares. The stock had previously closed at GBX 256.60 ($3.46).

A number of research firms have recently commented on LGEN. Shore Capital reaffirmed a “buy” rating on shares of Legal & General Group Plc in a research note on Wednesday, August 9th. Barclays PLC reaffirmed an “overweight” rating on shares of Legal & General Group Plc in a research note on Thursday, August 10th. Macquarie upped their price objective on shares of Legal & General Group Plc from GBX 201 ($2.71) to GBX 218 ($2.94) and gave the company an “underperform” rating in a research note on Thursday, August 10th. Societe Generale reaffirmed a “hold” rating and issued a GBX 250 ($3.37) price objective on shares of Legal & General Group Plc in a research note on Thursday, August 10th. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 290 ($3.91) price objective on shares of Legal & General Group Plc in a research note on Wednesday, August 23rd. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 256.65 ($3.46).

The firm’s market cap is GBX 15.36 billion. The firm has a 50-day moving average of GBX 263.55 and a 200-day moving average of GBX 256.79.

The firm 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 of this dividend is Thursday, August 17th.

In other Legal & General Group Plc news, insider John Kingman bought 633 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were purchased at an average price of GBX 260 ($3.51) per share, for a total transaction of £1,645.80 ($2,218.96). Also, insider Toby Strauss bought 979 shares of the company’s stock in a transaction dated Monday, July 3rd. The shares were acquired at an average price of GBX 257 ($3.47) per share, for a total transaction of £2,516.03 ($3,392.25). In the last 90 days, insiders have bought 2,546 shares of company stock worth $667,429.

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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).

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