Other research analysts have also issued reports about the company. Numis Securities upgraded Legal & General Group to an add rating and lifted their target price for the company from GBX 125 ($1.73) to GBX 305 ($4.21) in a report on Thursday. Citigroup reiterated a buy rating and issued a GBX 306 ($4.23) target price on shares of Legal & General Group in a report on Monday, February 26th. Shore Capital reiterated a buy rating on shares of Legal & General Group in a report on Wednesday, December 6th. HSBC lifted their target price on Legal & General Group from GBX 290 ($4.01) to GBX 295 ($4.08) and gave the company a buy rating in a report on Thursday, November 23rd. Finally, Deutsche Bank restated a hold rating on shares of Legal & General Group in a research note on Wednesday, November 8th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 265.94 ($3.67).
Legal & General Group (LGEN) opened at GBX 262.50 ($3.63) on Wednesday. The stock has a market capitalization of $15,640.00 and a price-to-earnings ratio of 1,009.62. Legal & General Group has a fifty-two week low of GBX 241.65 ($3.34) and a fifty-two week high of GBX 279.90 ($3.87).
About Legal & General Group
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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