Legal & General Group Plc Rating Reiterated by Goldman Sachs (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “neutral” rating reiterated by Goldman Sachs in a research note issued on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 215 ($3.61) target price on the stock. Goldman Sachs’ target price indicates a potential upside of 4.63% from the stock’s previous close.
Legal & General Group Plc (LON:LGEN) traded up 0.18% on Thursday, hitting GBX 205.477. The stock had a trading volume of 17,961,930 shares. Legal & General Group Plc has a 52-week low of GBX 161.486 and a 52-week high of GBX 244.90. The stock has a 50-day moving average of GBX 215.6 and a 200-day moving average of GBX 217.4. The company’s market cap is £12.072 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank cut their price target on shares of Legal & General Group Plc from GBX 255 ($4.28) to GBX 250 ($4.20) in a research note on Thursday, April 17th. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Legal & General Group Plc from GBX 215 ($3.61) to GBX 220 ($3.69) in a research note on Thursday, April 10th. They now have a “hold” rating on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Legal & General Group Plc in a research note on Tuesday, April 8th. They now have a GBX 240 ($4.03) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company’s stock. Legal & General Group Plc currently has an average rating of “Hold” and a consensus target price of GBX 216 ($3.63).
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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