Legal & General Group Plc’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Monday. They currently have a GBX 240 ($4.08) price objective on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 2.13% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Legal & General Group Plc in a research note on Tuesday, July 8th. They now have a GBX 250 ($4.25) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Monday, July 7th. They now have a GBX 240 ($4.08) price target on the stock. Finally, 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 ($3.82) price target on the stock. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 224.43 ($3.81).
Shares of Legal & General Group Plc (LON:LGEN) traded down 0.38% during mid-day trading on Monday, hitting GBX 235.00. The stock had a trading volume of 10,334,390 shares. Legal & General Group Plc has a 1-year low of GBX 185.50 and a 1-year high of GBX 244.90. The stock has a 50-day moving average of GBX 229.3 and a 200-day moving average of GBX 224.5. The company’s market cap is £13.828 billion.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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