Legal & General Group Plc’s “Overweight” Rating Reaffirmed at Barclays (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays in a research report issued on Friday. They currently have a GBX 268 ($4.50) price target on the stock. Barclays’ price target indicates a potential upside of 12.18% from the company’s current price.
LGEN has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Tuesday. They now have a GBX 240 ($4.03) price target on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Legal & General Group Plc from GBX 221 ($3.71) to GBX 229 ($3.84) in a research note on Monday. They now have an “equal weight” rating on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Legal & General Group Plc in a research note on Thursday, August 7th. They now have a GBX 185 ($3.10) price target on the stock. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 227.64 ($3.82).
Legal & General Group Plc (LON:LGEN) opened at 238.90 on Friday. Legal & General Group Plc has a 1-year low of GBX 185.50 and a 1-year high of GBX 244.90. The stock’s 50-day moving average is GBX 231.7 and its 200-day moving average is GBX 225.3. The company’s market cap is £14.057 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Wednesday, August 27th will be given a dividend of GBX 2.90 ($0.05) per share. This represents a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, August 27th.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
Receive News & Ratings for Legal & General Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.