Legal & General Group (LGEN) Stock Forecast & Price Target

GBX 225.10

-1.80 (-0.79%)

(As of 09/6/2024 ET)

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Legal & General Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Legal & General Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for LGEN.

Consensus Price Target

GBX 279

High Forecast	GBX 325
Average Forecast	GBX 279
Low Forecast	GBX 245

According to the 6 analysts' twelve-month price targets for Legal & General Group, the average price target is GBX 279. The highest price target for LGEN is GBX 325, while the lowest price target for LGEN is GBX 245. The average price target represents a forecasted upside of 23.94% from the current price of GBX 225.10.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 279	GBX 285.80	GBX 301	GBX 314.67

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LGEN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LGEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Legal & General Group Stock vs. The Competition

Type	Legal & General Group	Financial Services Companies
Consensus Rating Score	2.67	2.59
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/15/2024	Royal Bank of Canada 4 of 5 stars	Reiterated Rating	Sector perform	GBX 245	+7.09%
7/17/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Overweight	GBX 285	+25.99%
6/18/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Lower Target	Buy	GBX 300 ➝ GBX 275	+20.09%
6/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 255	+11.70%
6/5/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 289	+14.43%
2/20/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight	GBX 336 ➝ GBX 325	+34.63%
Get the Latest News and Ratings for LGEN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Legal & General Group and its competitors with MarketBeat's FREE daily newsletter.
3/28/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight	GBX 285	+23.43%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:25 PM ET.

LGEN Forecast - Frequently Asked Questions

What is Legal & General Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Legal & General Group is GBX 279, with a high forecast of GBX 325 and a low forecast of GBX 245.
Should I buy or sell Legal & General Group stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LGEN shares.
Does Legal & General Group's stock price have much upside?: According to analysts, Legal & General Group's stock has a predicted upside of 19.04% based on their 12-month stock forecasts.
What analysts cover Legal & General Group?: Legal & General Group has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like Legal & General Group more than its competitors?: Analysts like Legal & General Group more than other "financial services" companies. The consensus rating score for Legal & General Group is 2.67 while the average consensus rating score for "financial services" companies is 2.59. Learn more on how LGEN compares to other companies.