JPMorgan Chase & Co. reiterated their underweight rating on shares of Legal & General Group (LON:LGEN) in a research note released on Thursday. They currently have a GBX 218 ($3.01) price target on the financial services provider’s stock.
Several other research analysts also recently weighed in on LGEN. Numis Securities upgraded Legal & General Group to an add rating and boosted their price target for the company from GBX 125 ($1.73) to GBX 305 ($4.21) in a report on Thursday. Citigroup reiterated a buy rating on shares of Legal & General Group in a report on Thursday, November 16th. Deutsche Bank reiterated a hold rating on shares of Legal & General Group in a report on Wednesday, November 8th. Barclays reiterated an overweight rating on shares of Legal & General Group in a report on Wednesday, February 28th. Finally, Shore Capital reiterated a buy rating on shares of Legal & General Group in a report on Wednesday, December 6th. Five analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Legal & General Group presently has a consensus rating of Hold and a consensus target price of GBX 265.94 ($3.67).
Legal & General Group (LON LGEN) opened at GBX 262.50 ($3.63) on Thursday. The firm has a market capitalization of $15,640.00 and a price-to-earnings ratio of 1,009.62. Legal & General Group has a twelve month low of GBX 241.65 ($3.34) and a twelve month 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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