Friends Life Group Given Hold Rating at Canaccord Genuity (FLG)
Friends Life Group (LON:FLG)‘s stock had its “hold” rating reiterated by equities researchers at Canaccord Genuity in a research report issued on Monday. They currently have a GBX 300 ($5.14) price target on the stock. Canaccord Genuity’s price objective points to a potential downside of 9.37% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Friends Life Group in a research note on Monday. They now have a GBX 332 ($5.68) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Friends Life Group in a research note on Friday. They now have a GBX 320 ($5.48) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Friends Life Group in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Friends Life Group has a consensus rating of “Hold” and an average target price of GBX 323 ($5.53).
Friends Life Group (LON:FLG) traded up 1.66% during mid-day trading on Monday, hitting GBX 331.00. 3,603,418 shares of the company’s stock traded hands. Friends Life Group has a one year low of GBX 266.60 and a one year high of GBX 383.60. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0.. The company’s market cap is £4.692 billion.
Friends Life Group Limited, formerly Resolution Limited, is a Guernsey-based company, which provides a range of pension, investment and insurance products and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.