Legal & General Group Plc (LGEN) Lifted to “Buy” at Citigroup Inc.

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).

ILLEGAL ACTIVITY NOTICE: This article was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.com-unik.info/2017/11/05/legal-general-group-plc-lgen-lifted-to-buy-at-citigroup-inc.html.

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).

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

What are top analysts saying about Legal & General Group Plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Legal & General Group Plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit