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

$14.27 -0.22 (-1.52%)

(As of 11/6/2024 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

Moderate Buy

Based on 2 Analyst Ratings

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

Get the Latest News and Ratings for LGGNY and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Legal & General Group and its competitors.

LGGNY Analyst Ratings Over Time

Type	Current Forecast 11/8/23 to 11/7/24	1 Month Ago 10/9/23 to 10/8/24	3 Months Ago 8/10/23 to 8/9/24	1 Year Ago 11/8/22 to 11/8/23
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)	2 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Hold

This Bull Market Indicator called NVDA at $116 (Ad)

Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…

All you have to do is follow this link here

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.

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.

Legal & General Group Stock vs. The Competition

Type	Legal & General Group	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.48	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	N/A	10.86% Upside	7.46% Upside
News Sentiment Rating	Positive News See Recent LGGNY News	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	Analyst Name	Action	Rating	Price Target
9/18/2024	The Goldman Sachs Group 2 of 5 stars	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
7/31/2024	Barclays 3 of 5 stars	L. Deventer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/4/2023	Jefferies Financial Group 2 of 5 stars		Downgrade	Buy ➝ Hold
9/22/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 315 ➝ GBX 290
8/18/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 240 ➝ GBX 238
8/7/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 290 ➝ GBX 275
7/20/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 290 ➝ GBX 254
11/18/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
11/15/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
11/15/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:36 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 Monday, October 28, 2024. Please send any questions or comments about these Legal & General Group pros and cons to contact@marketbeat.com.

Legal & General Group
Bull Case

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

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 analysts have issued "buy," "hold," and "sell" ratings for Legal & General Group in the last year. There is currently 1 sell rating and 1 strong buy rating for the stock. The consensus among Wall Street 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

The Pentagon has just made a critical $7.7 billion move. They're investing into one of the most controversial technologies the world has ever known… A technology I’m calling “The AI Keystone”, because without it, the AI industry is doomed.

Click here to watch his special investigative report into the controversial ‘AI Keystone’.

This page (OTCMKTS:LGGNY) was last updated on 11/7/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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