Legal & General Group Price Target Increased to GBX 235 by Analysts at Citigroup Inc. (LGEN)
Citigroup Inc. boosted their target price on shares of Legal & General Group (LON:LGEN) from GBX 210 ($3.46) to GBX 235 ($3.87) in a research note issued on Monday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price target would indicate a potential upside of 2.04% from the stock’s previous close.
Shares of Legal & General Group (LON:LGEN) opened at 230.30 on Monday. 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.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Legal & General Group in a research note to investors on Tuesday, December 17th. They now have a GBX 205 ($3.38) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Legal & General Group in a research note to investors on Monday, December 16th. They now have a GBX 215 ($3.54) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. The stock presently 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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