Legal & General Group Given New $2.59 Price Target at Bank of America (LGEN)
Legal & General Group (LON: LGEN) had its target price boosted by Bank of America from $2.33 (156 GBX) to $2.59 (173 GBX) in a research note issued to investors on Thursday. The firm currently has a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a buy rating on shares of Legal & General Group in a research note to investors on Thursday. They now have a $2.56 price target on the stock. Separately, analysts at Barclays Capital reiterated an overweight rating on shares of Legal & General Group in a research note to investors on Thursday. They now have a $2.50 price target on the stock. Finally, analysts at Investec Securities reiterated a hold rating on shares of Legal & General Group in a research note to investors on Wednesday, March 6th. They now have a $2.30 price target on the stock.
Shares of Legal & General Group traded up 0.36% during mid-day trading on Thursday, hitting GBX 167.10. Legal & General Group has a 52 week low of GBX 105.30 and a 52 week high of GBX 173.60. The stock’s 50-day moving average is currently GBX 133.3. The company’s market cap is £9.809 billion.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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