Legal & General Group (LGEN) Price Target Raised to GBX 294
Legal & General Group (LON:LGEN) had its price objective upped by Barclays from GBX 279 ($3.76) to GBX 294 ($3.96) in a report issued on Monday morning. Barclays currently has an overweight rating on the financial services provider’s stock.
A number of other equities analysts also recently commented on the company. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 218 ($2.93) price target on shares of Legal & General Group in a research note on Thursday, December 7th. Shore Capital reiterated a buy rating on shares of Legal & General Group in a research note on Wednesday, December 6th. Societe Generale downgraded Legal & General Group to a sell rating and decreased their price target for the stock from GBX 250 ($3.36) to GBX 240 ($3.23) in a research note on Tuesday, November 28th. HSBC lifted their price target on Legal & General Group from GBX 290 ($3.90) to GBX 295 ($3.97) and gave the stock a buy rating in a research note on Thursday, November 23rd. Finally, Citigroup reiterated a buy rating on shares of Legal & General Group in a research note on Thursday, November 16th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 265.88 ($3.58).
Legal & General Group (LGEN) opened at GBX 266.30 ($3.58) on Monday. Legal & General Group has a 52 week low of GBX 231.60 ($3.12) and a 52 week high of GBX 279.90 ($3.77).
Legal & General Group 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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