Legal & General Group Plc Given “Underperform” Rating at BNP Paribas (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “underperform” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday. They currently have a GBX 177 ($3.00) price objective on the stock. BNP Paribas’ price objective indicates a potential downside of 21.54% from the stock’s previous close.
Shares of Legal & General Group Plc (LON:LGEN) opened at 227.10 on Wednesday. Legal & General Group Plc has a one year low of GBX 161.486 and a one year high of GBX 244.90. The stock’s 50-day moving average is GBX 224.8 and its 200-day moving average is GBX 221.8. The company’s market cap is £13.363 billion.
LGEN has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Legal & General Group Plc in a research note on Friday, June 6th. They now have a GBX 252 ($4.28) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Legal & General Group Plc in a research note on Thursday, June 5th. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Wednesday, June 4th. They now have a GBX 200 ($3.40) price target on the stock. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. Legal & General Group Plc presently has an average rating of “Hold” and an average target price of GBX 225.09 ($3.82).
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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