Legal & General Group’s (LGEN) Overweight Rating Reiterated at Barclays
Several other research firms have also issued reports on LGEN. Royal Bank of Canada reissued an outperform rating on shares of Legal & General Group in a research report on Wednesday, January 17th. Numis Securities raised shares of Legal & General Group to an add rating and set a GBX 305 ($4.21) price objective for the company in a research report on Friday, November 3rd. Deutsche Bank increased their price objective on shares of Legal & General Group from GBX 270 ($3.73) to GBX 305 ($4.21) and gave the stock a hold rating in a research report on Thursday, January 4th. Citigroup reissued a buy rating on shares of Legal & General Group in a research report on Thursday, November 16th. Finally, JPMorgan Chase & Co. reissued an underweight rating on shares of Legal & General Group in a research report on Thursday, November 16th. Five analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. Legal & General Group presently has an average rating of Hold and an average target price of GBX 265.94 ($3.67).
Legal & General Group (LON LGEN) opened at GBX 253.40 ($3.50) on Wednesday. Legal & General Group has a one year low of GBX 241.65 ($3.34) and a one year high of GBX 279.90 ($3.87). The firm has a market cap of $15,100.00 and a P/E ratio of 974.62.
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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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