Legal & General Group Plc Given “Hold” Rating at Canaccord Genuity (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “hold” rating reiterated by Canaccord Genuity in a research note issued on Monday. They currently have a GBX 240 ($4.12) target price on the stock. Canaccord Genuity’s target price would indicate a potential upside of 5.22% from the company’s current price.
Legal & General Group Plc (LON:LGEN) opened at 228.565 on Monday. Legal & General Group Plc has a 52 week low of GBX 179.445 and a 52 week high of GBX 244.90. The stock’s 50-day moving average is GBX 227.8 and its 200-day moving average is GBX 223.2. The company’s market cap is £13.449 billion.
LGEN has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “neutral” rating on shares of Legal & General Group Plc in a research note on Thursday. They now have a GBX 225 ($3.86) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Legal & General Group Plc in a research note on Wednesday, June 25th. They now have a GBX 240 ($4.12) price target on the stock. Finally, analysts at Societe Generale downgraded shares of Legal & General Group Plc to a “sell” rating in a research note on Thursday, June 19th. They now have a GBX 185 ($3.17) price target on the stock, down previously from GBX 220 ($3.77). Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. Legal & General Group Plc currently has an average rating of “Hold” and a consensus price target of GBX 224.43 ($3.85).
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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