Citigroup Inc. upgraded shares of Legal & General Group Plc (LON:LGEN) to a buy rating in a research report sent to investors on Thursday, MarketBeat reports. They currently have GBX 296 ($3.91) price target on the financial services provider’s stock.
A number of other equities research analysts have also weighed in on LGEN. HSBC Holdings plc reissued a buy rating and issued a GBX 290 ($3.83) target price on shares of Legal & General Group Plc in a research note on Wednesday, August 23rd. Societe Generale reissued a hold rating and issued a GBX 250 ($3.30) target price on shares of Legal & General Group Plc in a research note on Thursday, August 10th. Goldman Sachs Group, Inc. (The) lowered their target price on Legal & General Group Plc from GBX 255 ($3.37) to GBX 250 ($3.30) and set a neutral rating for the company in a research note on Tuesday, September 12th. Barclays PLC reissued an overweight rating on shares of Legal & General Group Plc in a research note on Thursday, August 10th. Finally, Macquarie boosted their target price on Legal & General Group Plc from GBX 201 ($2.65) to GBX 218 ($2.88) and gave the company an underperform rating in a research note on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 257.88 ($3.40).
Shares of Legal & General Group Plc (LON LGEN) opened at GBX 272.43 ($3.60) on Thursday. Legal & General Group Plc has a 52 week low of GBX 204.08 ($2.69) and a 52 week high of GBX 279.90 ($3.69).
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In related news, insider John Kingman purchased 237 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were bought at an average price of GBX 258 ($3.40) per share, for a total transaction of £611.46 ($806.89). Insiders purchased a total of 2,109 shares of company stock worth $553,985 in the last 90 days.
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).
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