Legal & General Group Plc (LGEN) Earns Neutral Rating from BNP Paribas
Legal & General Group Plc (LON:LGEN)‘s stock had its “neutral” rating reiterated by research analysts at BNP Paribas in a research note issued to investors on Thursday. They currently have a GBX 230 ($3.00) price target on the financial services provider’s stock. BNP Paribas’ target price points to a potential upside of 3.32% from the stock’s current price.
A number of other analysts have also recently issued reports on LGEN. Goldman Sachs Group Inc. restated a “neutral” rating and set a GBX 265 ($3.46) target price on shares of Legal & General Group Plc in a research note on Wednesday, June 1st. Jefferies Group raised their target price on shares of Legal & General Group Plc from GBX 197 ($2.57) to GBX 212 ($2.77) and gave the stock a “hold” rating in a research note on Thursday. Beaufort Securities restated a “buy” rating on shares of Legal & General Group Plc in a research note on Wednesday, August 10th. Deutsche Bank AG restated a “buy” rating on shares of Legal & General Group Plc in a research note on Friday, June 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 300 ($3.92) target price on shares of Legal & General Group Plc in a research note on Wednesday, June 15th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 244.83 ($3.20).
Shares of Legal & General Group Plc (LON:LGEN) opened at 225.902 on Thursday. The company’s market capitalization is GBX 13.39 billion. The firm’s 50-day moving average is GBX 211.37 and its 200 day moving average is GBX 218.01. Legal & General Group Plc has a 52 week low of GBX 160.50 and a 52 week high of GBX 275.40.
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The firm also recently announced a dividend, which will be paid on Thursday, September 22nd. Shareholders of record on Thursday, August 18th will be issued a dividend of GBX 4 ($0.05) per share. This represents a yield of 1.94%. The ex-dividend date of this dividend is Thursday, August 18th.
In other news, insider Meddings,Richard H purchased 1,186 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were purchased at an average price of GBX 212 ($2.77) per share, for a total transaction of £2,514.32 ($3,281.97). Also, insider Wilson,Julia purchased 7,320 shares of the company’s stock in a transaction dated Tuesday, August 9th. The stock was purchased at an average price of GBX 206 ($2.69) per share, for a total transaction of £15,079.20 ($19,683.07).
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