Shares of Legal & General Group Plc (LON:LGEN) have received an average rating of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 256.13 ($3.34).

LGEN has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on Legal & General Group Plc in a report on Thursday, April 27th. They issued an “underperform” rating and a GBX 215 ($2.80) price objective for the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 310 ($4.04) price objective on shares of Legal & General Group Plc in a report on Thursday, April 27th. Deutsche Bank AG increased their price objective on Legal & General Group Plc from GBX 255 ($3.32) to GBX 270 ($3.52) and gave the stock a “hold” rating in a report on Wednesday, July 26th. Barclays PLC reiterated an “overweight” rating and issued a GBX 280 ($3.65) price objective on shares of Legal & General Group Plc in a report on Wednesday, June 28th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 301 ($3.92) price objective on shares of Legal & General Group Plc in a report on Tuesday, April 25th.

Legal & General Group Plc (LON LGEN) traded up 0.33% during trading on Tuesday, hitting GBX 276.00. The company had a trading volume of 9,612,407 shares. The stock’s market capitalization is GBX 16.38 billion. Legal & General Group Plc has a 1-year low of GBX 187.00 and a 1-year high of GBX 276.80. The company’s 50 day moving average price is GBX 262.97 and its 200-day moving average price is GBX 252.52.

In related news, insider John Kingman acquired 646 shares of Legal & General Group Plc stock in a transaction that occurred on Thursday, June 1st. The stock was bought at an average price of GBX 254 ($3.31) per share, with a total value of £1,640.84 ($2,136.79). Also, insider Toby Strauss acquired 979 shares of Legal & General Group Plc stock in a transaction that occurred on Monday, July 3rd. The shares were bought at an average cost of GBX 257 ($3.35) per share, with a total value of £2,516.03 ($3,276.51). In the last ninety days, insiders have purchased 2,603 shares of company stock valued at $678,197.

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Legal & General Group Plc Company Profile

Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).

Analyst Recommendations for Legal & General Group Plc (LON:LGEN)

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