Shares of Legal & General Group Plc (LON:LGEN) have been assigned a consensus rating of “Hold” from the seventeen analysts that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 252.53 ($3.36).

A number of research analysts recently issued reports on LGEN shares. Shore Capital restated a “buy” rating on shares of Legal & General Group Plc in a research report on Wednesday, August 9th. Deutsche Bank AG restated a “hold” rating on shares of Legal & General Group Plc in a research report on Friday, September 8th. Jefferies Group LLC boosted their target price on shares of Legal & General Group Plc from GBX 249 ($3.31) to GBX 253 ($3.36) and gave the company a “hold” rating in a research report on Monday, September 11th. Barclays PLC decreased their target price on shares of Legal & General Group Plc from GBX 280 ($3.72) to GBX 279 ($3.71) and set an “overweight” rating for the company in a research report on Monday, September 11th. Finally, Macquarie boosted their target price on shares of Legal & General Group Plc from GBX 201 ($2.67) to GBX 218 ($2.90) and gave the company an “underperform” rating in a research report on Thursday, August 10th.

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In related news, insider John Kingman bought 629 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was acquired at an average price of GBX 261 ($3.47) per share, with a total value of £1,641.69 ($2,181.36). Also, insider Toby Strauss bought 934 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were bought at an average cost of GBX 269 ($3.57) per share, with a total value of £2,512.46 ($3,338.37). Insiders have bought 2,433 shares of company stock valued at $641,141 in the last three months.

Shares of Legal & General Group Plc (LON LGEN) traded up 0.86% during midday trading on Friday, hitting GBX 268.60. The company had a trading volume of 16,012,623 shares. The company’s market capitalization is GBX 15.94 billion. Legal & General Group Plc has a 52 week low of GBX 204.08 and a 52 week high of GBX 279.90. The firm’s 50 day moving average is GBX 259.70 and its 200 day moving average is GBX 258.67.

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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