Legal & General Group Plc (LON:LGEN) has been assigned a consensus rating of “Hold” from the eighteen ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 263.60 ($3.55).

Several equities research analysts recently issued reports on the company. Numis Securities upgraded Legal & General Group to an “add” rating and set a GBX 305 ($4.10) price objective on the stock in a report on Friday, November 3rd. Deutsche Bank reiterated a “hold” rating on shares of Legal & General Group in a report on Wednesday, November 8th. Citigroup reiterated a “buy” rating on shares of Legal & General Group in a report on Thursday, November 16th. J P Morgan Chase & Co reiterated an “underweight” rating on shares of Legal & General Group in a report on Thursday, November 16th. Finally, HSBC boosted their price objective on Legal & General Group from GBX 290 ($3.90) to GBX 295 ($3.97) and gave the company a “buy” rating in a report on Thursday, November 23rd.

Legal & General Group (LGEN) traded up GBX 4.60 ($0.06) during mid-day trading on Monday, hitting GBX 264.70 ($3.56). The company had a trading volume of 12,438,650 shares, compared to its average volume of 13,790,000. Legal & General Group has a 52-week low of GBX 231.60 ($3.12) and a 52-week high of GBX 279.90 ($3.77).

In other news, insider Toby Strauss acquired 950 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average cost of GBX 264 ($3.55) per share, with a total value of £2,508 ($3,375.50). Also, insider John Kingman acquired 629 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was purchased at an average cost of GBX 261 ($3.51) per share, with a total value of £1,641.69 ($2,209.54). Insiders purchased a total of 2,426 shares of company stock valued at $640,205 over the last ninety days.

TRADEMARK VIOLATION NOTICE: “Legal & General Group Plc (LGEN) Receives Consensus Recommendation of “Hold” from Brokerages” was published by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/11/legal-general-group-plc-lgen-receives-consensus-recommendation-of-hold-from-brokerages.html.

Legal & General Group 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 (LON:LGEN)

Receive News & Ratings for Legal & General Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.