Legal & General Group Rating Reiterated by BNP Paribas (LGEN)
Legal & General Group (LON:LGEN)‘s stock had its “underperform” rating restated by equities researchers at BNP Paribas in a research report issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have a GBX 128 ($2.10) price objective on the stock. BNP Paribas’ target price would suggest a potential downside of 40.63% from the company’s current price.
A number of other analysts have also recently weighed in on LGEN. Analysts at Barclays reiterated an “overweight” rating on shares of Legal & General Group in a research note to investors on Tuesday. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Legal & General Group in a research note to investors on Monday. They now have a GBX 220 ($3.62) price target on the stock. Finally, analysts at RBC Capital downgraded shares of Legal & General Group to a “neutral” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 250 ($4.11) price target on the stock. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 210.71 ($3.46).
Legal & General Group (LON:LGEN) opened at 217.10 on Wednesday. Legal & General Group has a 1-year low of GBX 145.80 and a 1-year high of GBX 232.50. The stock has a 50-day moving average of GBX 221. and a 200-day moving average of GBX 206.9. The company’s market cap is £12.755 billion.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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