Legal & General Group Plc Rating Reiterated by Sanford C. Bernstein (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “outperform” rating reaffirmed by investment analysts at Sanford C. Bernstein in a note issued to investors on Tuesday. They currently have a GBX 240 ($4.12) target price on the stock. Sanford C. Bernstein’s price target indicates a potential upside of 5.59% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Monday. They now have a GBX 240 ($4.12) 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, July 3rd. They now have a GBX 225 ($3.86) price target on the stock. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 224.43 ($3.85).
Shares of Legal & General Group Plc (LON:LGEN) opened at 227.50 on Tuesday. Legal & General Group Plc has a 52-week low of GBX 182.80 and a 52-week high of GBX 244.90. The stock has a 50-day moving average of GBX 227.9 and a 200-day moving average of GBX 223.6. The company’s market cap is £13.386 billion.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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