Friends Life Group Receives “Overweight” Rating from Barclays (FLG)
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Friends Life Group in a research note on Thursday. They now have a GBX 300 ($5.05) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Friends Life Group in a research note on Thursday. They now have a GBX 332 ($5.59) price target on the stock. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 325.50 ($5.48).
Shares of Friends Life Group (LON:FLG) opened at 318.70 on Thursday. Friends Life Group has a 52 week low of GBX 266.60 and a 52 week high of GBX 383.60. The stock has a 50-day moving average of GBX 323.0 and a 200-day moving average of GBX 326.7. The company’s market cap is £4.518 billion.
The company also recently announced a dividend, which is scheduled for Monday, October 6th. Shareholders of record on Wednesday, August 27th will be paid a dividend of GBX 7.05 ($0.12) per share. This represents a dividend yield of 2.19%. The ex-dividend date is Wednesday, August 27th.
Friends Life Group Limited, formerly Resolution Limited, is a Guernsey-based company, which provides a range of pension, investment and insurance products and services.
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