Legal & General Group Plc Rating Reiterated by BNP Paribas (LGEN)
Legal & General Group Plc (LON:LGEN)‘s stock had its “underperform” rating restated by BNP Paribas in a research note issued on Friday. They currently have a GBX 185 ($3.09) price target on the stock. BNP Paribas’ price objective suggests a potential downside of 23.43% from the company’s current price.
A number of other firms have also recently commented on LGEN. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Legal & General Group Plc in a research note on Monday. They now have a GBX 265 ($4.43) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Legal & General Group Plc in a research note on Friday, August 15th. They now have a GBX 268 ($4.48) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Legal & General Group Plc in a research note on Tuesday, August 12th. They now have a GBX 240 ($4.01) price target on the stock. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 228.77 ($3.82).
Legal & General Group Plc (LON:LGEN) opened at 241.465 on Friday. Legal & General Group Plc has a 52-week low of GBX 185.50 and a 52-week high of GBX 244.90. The stock has a 50-day moving average of GBX 233.6 and a 200-day moving average of GBX 226.1. The company’s market cap is £14.208 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Wednesday, August 27th will be paid a dividend of GBX 2.90 ($0.05) per share. This represents a dividend yield of 1.25%. The ex-dividend date is Wednesday, August 27th.
Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.
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