Panmure Gordon reiterated their buy rating on shares of Legal & General Group Plc (LON:LGEN) in a research note published on Tuesday morning. The firm currently has a GBX 305 ($3.98) target price on the financial services provider’s stock.
LGEN has been the topic of a number of other research reports. Deutsche Bank AG reaffirmed a buy rating on shares of Legal & General Group Plc in a research note on Friday, June 24th. Jefferies Group lowered shares of Legal & General Group Plc to a hold rating and cut their price target for the company from GBX 269 ($3.51) to GBX 197 ($2.57) in a research note on Tuesday, July 5th. JPMorgan Chase & Co. cut their price target on shares of Legal & General Group Plc from GBX 216 ($2.82) to GBX 202 ($2.64) and set an underweight rating on the stock in a research note on Tuesday, July 26th. Goldman Sachs Group Inc. reaffirmed a neutral rating and issued a GBX 265 ($3.46) price target on shares of Legal & General Group Plc in a research note on Wednesday, June 1st. Finally, Barclays PLC cut their price target on shares of Legal & General Group Plc from GBX 197 ($2.57) to GBX 194 ($2.53) and set an equal weight rating on the stock in a research note on Wednesday, August 10th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 244.83 ($3.20).
Legal & General Group Plc (LON:LGEN) opened at 220.20 on Tuesday. Legal & General Group Plc has a 1-year low of GBX 160.50 and a 1-year high of GBX 275.40. The firm’s market cap is GBX 13.05 billion. The firm has a 50-day moving average of GBX 212.75 and a 200 day moving average of GBX 217.60.
The firm also recently announced a dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, August 18th were paid a dividend of GBX 4 ($0.05) per share. This represents a yield of 1.94%. The ex-dividend date was Thursday, August 18th.
In other Legal & General Group Plc news, insider Zlatkus,Lizabeth bought 987 shares of the stock in a transaction on Friday, July 1st. The stock was purchased at an average price of GBX 188 ($2.45) per share, with a total value of £1,855.56 ($2,422.09). Also, insider Wilson,Julia bought 7,320 shares of the stock in a transaction on Tuesday, August 9th. The shares were acquired at an average cost of GBX 206 ($2.69) per share, with a total value of £15,079.20 ($19,683.07).
About Legal & General Group Plc
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