Legal & General Group (LON:LGEN - Get Free Report)'s stock had its "top pick" rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday, Marketbeat Ratings reports.
A number of other equities analysts have also commented on the stock. Berenberg Bank restated a "buy" rating and issued a GBX 265 ($3.38) price objective on shares of Legal & General Group in a research report on Thursday. Royal Bank of Canada restated a "sector perform" rating and set a GBX 245 ($3.12) price target on shares of Legal & General Group in a research report on Thursday, August 15th. Finally, JPMorgan Chase & Co. increased their price objective on Legal & General Group from GBX 290 ($3.70) to GBX 295 ($3.76) and gave the stock an "overweight" rating in a research report on Friday. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 276.67 ($3.53).
Read Our Latest Report on LGEN
Legal & General Group Stock Performance
LGEN stock traded down GBX 1.90 ($0.02) during midday trading on Friday, reaching GBX 237.50 ($3.03). 17,099,471 shares of the company's stock traded hands, compared to its average volume of 16,990,648. Legal & General Group has a 52 week low of GBX 211.40 ($2.70) and a 52 week high of GBX 259 ($3.30). The company has a 50-day moving average price of GBX 223.37 and a two-hundred day moving average price of GBX 229.24. The company has a debt-to-equity ratio of 722.64, a quick ratio of 0.50 and a current ratio of 1.12. The firm has a market capitalization of £13.87 billion, a PE ratio of 4,750.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.
Insider Activity at Legal & General Group
In other Legal & General Group news, insider John Kingman bought 726 shares of Legal & General Group stock in a transaction that occurred on Tuesday, October 1st. The shares were bought at an average price of GBX 226 ($2.88) per share, with a total value of £1,640.76 ($2,091.74). Also, insider Henrietta Baldock purchased 1,118 shares of the stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of GBX 221 ($2.82) per share, with a total value of £2,470.78 ($3,149.90). Insiders have bought a total of 2,600 shares of company stock valued at $575,962 over the last 90 days. 0.88% of the stock is owned by insiders.
About Legal & General Group
(
Get Free Report)
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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