Legal & General Group Plc (LON:LGEN) had its price target increased by Jefferies Group from GBX 197 ($2.57) to GBX 212 ($2.77) in a research report report published on Thursday. Jefferies Group currently has a hold rating on the financial services provider’s stock.
Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed an underweight rating on shares of Legal & General Group Plc in a research note on Wednesday, August 10th. HSBC cut their price target on Legal & General Group Plc from GBX 300 ($3.92) to GBX 245 ($3.20) and set a buy rating for the company in a research note on Wednesday, June 29th. Morgan Stanley cut their price target on Legal & General Group Plc from GBX 260 ($3.39) to GBX 247 ($3.22) and set an equal weight rating for the company in a research note on Friday, August 12th. Royal Bank Of Canada reaffirmed an outperform rating and set a GBX 300 ($3.92) price target on shares of Legal & General Group Plc in a research note on Wednesday, June 15th. Finally, Shore Capital reaffirmed a buy rating on shares of Legal & General Group Plc in a research note on Tuesday, August 9th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 244.83 ($3.20).
Legal & General Group Plc (LON:LGEN) opened at 218.50 on Thursday. The firm’s 50-day moving average is GBX 212.51 and its 200 day moving average is GBX 217.66. Legal & General Group Plc has a 52 week low of GBX 160.50 and a 52 week high of GBX 275.40. The stock’s market cap is GBX 12.95 billion.
The firm also recently announced a dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, August 18th were given a GBX 4 ($0.05) dividend. This represents a dividend yield of 1.94%. The ex-dividend date of this dividend was Thursday, August 18th.
In other Legal & General Group Plc news, insider Wilson,Julia bought 7,320 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were bought at an average cost of GBX 206 ($2.69) per share, with a total value of £15,079.20 ($19,683.07). Also, insider Zlatkus,Lizabeth bought 987 shares of the business’s stock in a transaction on Friday, July 1st. The stock was acquired at an average cost of GBX 188 ($2.45) per share, for a total transaction of £1,855.56 ($2,422.09).
Legal & General Group Plc Company Profile
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