Legal & General Group (LGEN) Price Target Raised to GBX 305 at Deutsche Bank
Legal & General Group (LON:LGEN) had its target price hoisted by Deutsche Bank from GBX 270 ($3.61) to GBX 305 ($4.08) in a report released on Thursday. The firm currently has a hold rating on the financial services provider’s stock.
A number of other brokerages have also issued reports on LGEN. Numis Securities raised Legal & General Group to an add rating and set a GBX 305 ($4.08) target price on the stock in a research report on Friday, November 3rd. Citigroup reissued a buy rating on shares of Legal & General Group in a research report on Thursday, November 16th. JPMorgan Chase & Co. reissued an underweight rating on shares of Legal & General Group in a research report on Thursday, November 16th. HSBC boosted their target price on Legal & General Group from GBX 290 ($3.88) to GBX 295 ($3.94) and gave the company a buy rating in a research report on Thursday, November 23rd. Finally, Societe Generale lowered Legal & General Group to a sell rating and cut their target price for the company from GBX 250 ($3.34) to GBX 240 ($3.21) in a research report on Tuesday, November 28th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 267.94 ($3.58).
Legal & General Group (LON:LGEN) opened at GBX 272.07 ($3.64) on Thursday. Legal & General Group has a twelve month low of GBX 231.60 ($3.10) and a twelve month high of GBX 279.90 ($3.74). The company has a market capitalization of $16,170.00 and a P/E ratio of 1,046.42.
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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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