Legal & General Group Plc (LON:LGEN)‘s stock had its “hold” rating reaffirmed by Deutsche Bank AG in a note issued to investors on Friday.

LGEN has been the subject of a number of other reports. HSBC Holdings plc reiterated a “buy” rating and set a GBX 290 ($3.75) price objective on shares of Legal & General Group Plc in a research report on Wednesday, August 23rd. Societe Generale reiterated a “hold” rating and set a GBX 250 ($3.23) price objective on shares of Legal & General Group Plc in a research report on Thursday, August 10th. Barclays PLC reiterated an “overweight” rating on shares of Legal & General Group Plc in a research report on Thursday, August 10th. Macquarie upped their price objective on shares of Legal & General Group Plc from GBX 201 ($2.60) to GBX 218 ($2.82) and gave the stock an “underperform” rating in a research report on Thursday, August 10th. Finally, Shore Capital reiterated a “buy” rating on shares of Legal & General Group Plc in a research report on Wednesday, August 9th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 256.76 ($3.32).

Shares of Legal & General Group Plc (LGEN) traded up 0.24% during mid-day trading on Friday, reaching GBX 254.00. 8,288,951 shares of the company’s stock traded hands. Legal & General Group Plc has a 12 month low of GBX 204.08 and a 12 month high of GBX 279.90. The stock’s market cap is GBX 15.07 billion. The firm has a 50 day moving average price of GBX 265.19 and a 200-day moving average price of GBX 256.28.

Legal & General Group Plc (LON:LGEN) last issued its earnings results on Wednesday, August 9th. The financial services provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. Legal & General Group Plc had a net margin of 5.03% and a return on equity of 26.65%. On average, analysts predict that Legal & General Group Plc will post $22.24 earnings per share for the current fiscal year.

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In other news, insider Toby Strauss acquired 979 shares of Legal & General Group Plc stock in a transaction dated Monday, July 3rd. The shares were bought at an average cost of GBX 257 ($3.32) per share, with a total value of £2,516.03 ($3,249.43). Also, insider John Kingman acquired 633 shares of Legal & General Group Plc stock in a transaction dated Friday, September 1st. The stock was purchased at an average cost of GBX 260 ($3.36) per share, for a total transaction of £1,645.80 ($2,125.53). Over the last ninety days, insiders bought 2,546 shares of company stock worth $667,429.

About Legal & General Group Plc

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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