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.

In related news, insider John Kingman acquired 610 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was bought at an average price of GBX 269 ($3.60) per share, for a total transaction of £1,640.90 ($2,194.01). Also, insider Toby Strauss acquired 950 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was bought at an average price of GBX 264 ($3.53) per share, with a total value of £2,508 ($3,353.39). Insiders acquired 2,842 shares of company stock valued at $764,876 in the last 90 days.

TRADEMARK VIOLATION WARNING: This report was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://www.thecerbatgem.com/2018/01/08/legal-general-group-lgen-price-target-raised-to-gbx-305-at-deutsche-bank.html.

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).

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

Receive News & Ratings for Legal & General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group and related companies with MarketBeat.com's FREE daily email newsletter.