Legal & General Group (LON:LGEN - Free Report) had its price objective increased by JPMorgan Chase & Co. from GBX 290 ($3.70) to GBX 295 ($3.76) in a research report report published on Friday morning, MarketBeat.com reports. The firm currently has an overweight rating on the financial services provider's stock.
LGEN has been the subject of several other reports. Berenberg Bank reissued a "buy" rating and set a GBX 265 ($3.38) price objective on shares of Legal & General Group in a report on Thursday. Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 245 ($3.12) price target on shares of Legal & General Group in a research note on Thursday, August 15th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 276.67 ($3.53).
View Our Latest Analysis on LGEN
Legal & General Group Stock Down 0.8 %
LON:LGEN traded down GBX 1.90 ($0.02) on Friday, reaching GBX 237.50 ($3.03). The stock had a trading volume of 17,099,471 shares, compared to its average volume of 16,990,648. Legal & General Group has a 12-month low of GBX 211.40 ($2.70) and a 12-month high of GBX 259 ($3.30). The stock has a market cap of £13.87 billion, a P/E ratio of 4,750.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. The company has a current ratio of 1.12, a quick ratio of 0.50 and a debt-to-equity ratio of 722.64. The company has a 50-day moving average of GBX 223.37 and a 200 day moving average of GBX 229.24.
Insider Buying and Selling at Legal & General Group
In other news, insider Henrietta Baldock bought 1,118 shares of the business's stock in a transaction on Monday, December 2nd. The stock was purchased at an average cost of GBX 221 ($2.82) per share, for a total transaction of £2,470.78 ($3,149.90). Also, insider John Kingman purchased 726 shares of the stock in a transaction dated Tuesday, October 1st. The shares were purchased at an average price of GBX 226 ($2.88) per share, for a total transaction of £1,640.76 ($2,091.74). Insiders have acquired 2,600 shares of company stock valued at $575,962 in the last quarter. Corporate insiders own 0.88% of the company's stock.
Legal & General Group Company Profile
(
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Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
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