Legal & General Group Plc Receives Overweight Rating from Barclays (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “overweight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Friday. They currently have a GBX 252 ($4.22) price target on the stock. Barclays’ target price suggests a potential upside of 8.95% from the company’s current price.
Legal & General Group Plc (LON:LGEN) traded up 2.12% on Friday, hitting GBX 236.20. The stock had a trading volume of 5,411,669 shares. Legal & General Group Plc has a 52-week low of GBX 161.486 and a 52-week high of GBX 244.925. The stock has a 50-day moving average of GBX 220.5 and a 200-day moving average of GBX 220.7. The company’s market cap is £13.898 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Legal & General Group Plc in a research note on Thursday. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Wednesday. They now have a GBX 200 ($3.35) price target 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. They now have a GBX 240 ($4.02) price target on the stock. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 222.86 ($3.74).
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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