Legal & General Group (LON:LGEN) Rating Reaffirmed
Recently, In an analyst note sent to investors on 11 December, Legal & General Group (LON:LGEN) shares have had their “Neutral” Rating has restated by stock research analysts at Goldman Sachs, who currently has a GBX 265.00 TP on firm. This target by Goldman Sachs may suggest the possibile upside of 1.65% from the last stock close.
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 3.36% above today’s (GBX 260.6) stock price. Legal General Group PLC was the topic of 54 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 10 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 315 target share price in a report from a December 7. JP Morgan maintained LGEN stock in a recent report from December 8 with “Underweight” rating. Barclays Capital maintained the rating on November 5. Barclays Capital has a “Overweight” rating and a GBX 294 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a December 7.
Approximately 6.07 million shares of stock traded hands. Legal & General Group Plc (LON:LGEN) has declined 0.72% since May 14, 2015 and is downtrending. It has outperformed by 2.30% the S&P500.
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 15.53 billion GBP. The Firm manages around ï¿½709 billion in assets for more than 3,000 institutional clients. It has 15.18 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).