London: Legal & General Group (LON:LGEN) Stock Has Just Had Its Buy Rating Reiterated by Nomura. Shares now Have a GBX 300.00 Target

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Legal & General Group (LON:LGEN) Rating Reaffirmed

They currently have a GBX 300.00 Estimated Target Price on Legal & General Group (LON:LGEN). The target price by Nomura would suggest a potential upside of 14.07% from the company’s previous stock close. This has been unveiled in a recent research report on Thursday, 10 December.

From a total of 19 analysts covering Legal General Group PLC (LON:LGEN) stock, 12 rate it a ”Buy”, 4 a “Sell”, and 6 a ”Hold”. This means that 55% of the ratings are positive. The highest target price is GBX 315 while the lowest target price is GBX 200. The mean of all analyst targets is GBX 280.79 with a 2.43% above today’s (GBX 262.95) stock price. Legal General Group PLC was the topic of 52 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 8 with “Underweight” rating. Nomura maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 18. Bernstein maintained LGEN stock in a recent report from December 7 with “Outperform” rating. Barclays Capital maintained the rating on November 5. Barclays Capital has a “Overweight” rating and a GBX 294 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a December 1.

Approximately 5.55 million shares of stock traded hands. Legal & General Group Plc (LON:LGEN) has declined 0.19% since May 13, 2015 and is downtrending. It has outperformed by 1.74% the S&P500.

London: Legal & General Group (LON:LGEN) Stock Has Just Had Its Buy Rating Reiterated by Nomura. Shares now Have a GBX 300.00 Target

Legal & General Group plc is engaged in life assurance and long-term savings business, fund management, and general insurance and health business around the world. The company has a market cap of 15.70 billion GBP. The Firm manages around �709 billion in assets for more than 3,000 institutional clients. It has 15.31 P/E ratio. The Firm operates through the following businesses: Insurance; Savings; Legal & General Retirement ; Legal & General Investment Management (LGIM); Legal & General Capital (LGC), and Legal & General America (LGA).

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