Legal & General Group PT Raised to GBX 215 at Goldman Sachs Group Inc. (LGEN)
Goldman Sachs Group Inc. lifted their price objective on shares of Legal & General Group (LON:LGEN) from GBX 205 ($3.38) to GBX 215 ($3.54) in a research note issued on Friday, AnalystRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price target points to a potential downside of 6.64% from the company’s current price.
Shares of Legal & General Group (LON:LGEN) traded up 0.83% on Friday, hitting GBX 230.30. The stock had a trading volume of 12,300,905 shares. Legal & General Group has a 52 week low of GBX 145.80 and a 52 week high of GBX 232.50. The stock has a 50-day moving average of GBX 217.9 and a 200-day moving average of GBX 203.7. The company’s market cap is £13.530 billion.
LGEN has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Legal & General Group from GBX 175 ($2.88) to GBX 240 ($3.96) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Legal & General Group from GBX 210 ($3.46) to GBX 235 ($3.87) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Legal & General Group in a research note to investors on Tuesday, January 7th. They now have a GBX 164 ($2.70) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. Legal & General Group has an average rating of “Hold” and a consensus target price of GBX 207.73 ($3.42).
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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