Legal & General Group Plc (LON:LGEN) Receives GBX 305.33 Consensus PT from Analysts

Shares of Legal & General Group Plc (LON:LGENGet Free Report) have received an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 305.33 ($3.83).

Several brokerages have recently commented on LGEN. Berenberg Bank upgraded shares of Legal & General Group to a “buy” rating and lifted their price target for the stock from GBX 258 ($3.23) to GBX 289 ($3.62) in a research report on Friday, January 5th. Deutsche Bank Aktiengesellschaft raised shares of Legal & General Group to a “buy” rating and lifted their price target for the company from GBX 290 ($3.64) to GBX 295 ($3.70) in a research note on Wednesday, November 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Legal & General Group from GBX 290 ($3.64) to GBX 295 ($3.70) and gave the stock an “overweight” rating in a research report on Thursday, December 14th.

View Our Latest Analysis on Legal & General Group

Insider Activity

In related news, insider John Kingman acquired 718 shares of the stock in a transaction on Friday, December 1st. The stock was purchased at an average price of GBX 229 ($2.87) per share, for a total transaction of £1,644.22 ($2,061.20). In related news, insider Ric Lewis purchased 1,336 shares of Legal & General Group stock in a transaction on Tuesday, January 2nd. The stock was acquired at an average price of GBX 251 ($3.15) per share, for a total transaction of £3,353.36 ($4,203.79). Also, insider John Kingman bought 718 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average cost of GBX 229 ($2.87) per share, for a total transaction of £1,644.22 ($2,061.20). In the last 90 days, insiders acquired 2,766 shares of company stock worth $682,742. 0.86% of the stock is currently owned by insiders.

Legal & General Group Trading Down 0.5 %

Shares of Legal & General Group stock opened at GBX 250.14 ($3.14) on Friday. The company has a quick ratio of 0.50, a current ratio of 0.95 and a debt-to-equity ratio of 670.83. The stock has a market capitalization of £14.96 billion, a P/E ratio of 785.94, a price-to-earnings-growth ratio of 2.34 and a beta of 1.36. Legal & General Group has a 12-month low of GBX 203.10 ($2.55) and a 12-month high of GBX 269.40 ($3.38). The company has a 50-day simple moving average of GBX 246.39 and a 200 day simple moving average of GBX 230.42.

Legal & General Group Company Profile

(Get Free Report

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail Retirement.

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

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