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

Legal & General Group logo
$13.90 +0.03 (+0.22%)
(As of 11/20/2024 ET)

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

Sell
1
Hold
0
Buy
1

Based on 2 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 2 analysts, 1 has given a sell rating, and 1 has given a strong buy rating for LGGNY.

Consensus Price Target

N/A

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LGGNY Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Hold

LGGNY 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.
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LGGNY 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.
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Legal & General Group Stock vs. The Competition

TypeLegal & General GroupFinance CompaniesS&P 500
Consensus Rating Score
2.50
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted UpsideN/A11.90% Upside8.80% Upside
News Sentiment Rating
Neutral News

See Recent LGGNY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/18/2024The Goldman Sachs Group
2 of 5 stars
R. Department
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UpgradeStrong Sell
7/31/2024Barclays
3 of 5 stars
L. Deventer
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UpgradeStrong-Buy
10/4/2023Jefferies Financial Group
2 of 5 stars
 DowngradeBuy ➝ Hold
9/22/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetGBX 315 ➝ GBX 290
8/18/2023Morgan Stanley
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 Lower TargetGBX 240 ➝ GBX 238
8/7/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetGBX 290 ➝ GBX 275
7/20/2023Berenberg Bank
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 Lower TargetGBX 290 ➝ GBX 254

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:21 PM ET.


Should I Buy Legal & General Group Stock? LGGNY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 8, 2024. Please send any questions or comments about these Legal & General Group pros and cons to contact@marketbeat.com.

Legal & General Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Legal & General Group Plc:

  • Legal & General Group Plc stock price recently crossed below its 200-day moving average, potentially indicating a buying opportunity for investors who believe in the company's long-term prospects.
  • The company has a debt-to-equity ratio of 1.28, showcasing a balanced approach to financing its operations and investments.
  • Legal & General Group Plc offers a dividend, providing investors with a source of passive income. The recent dividend payout was $0.3567 per share.
  • Analysts have set new price targets for Legal & General Group Plc, with some upgrading their ratings on the stock, indicating positive sentiment towards the company's future performance.
  • The company has a stable current ratio of 3.00, indicating its ability to meet short-term financial obligations.

Legal & General Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Legal & General Group Plc for these reasons:

  • Legal & General Group Plc's stock recently traded below its 200-day moving average, which could be a signal of potential weakness in the stock's performance.

LGGNY Forecast - Frequently Asked Questions

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last twelve months. There is currently 1 sell rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LGGNY shares.

According to analysts, Legal & General Group's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Over the previous 90 days, Legal & General Group's stock had 1 upgrade by analysts.

Legal & General Group has been rated by research analysts at The Goldman Sachs Group in the past 90 days.

Analysts like Legal & General Group more than other "finance" companies. The consensus rating for Legal & General Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how LGGNY compares to other companies.


This page (OTCMKTS:LGGNY) was last updated on 11/21/2024 by MarketBeat.com Staff
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