Legal General Group PLC (LON:LGEN) “Hold” Rating Reconfirmed Today By Deutsche Bank; The Target Price per Share is Set to GBX 305.00

May 25, 2018 - By reb123z

Legal General Group PLC (LON:LGEN) Rating Reaffirmed

The firm has just set a target price of GBX 305.00 on Legal General Group PLC (LON:LGEN) shares. This is 9.06 % from the previous stock close. In a research note sent to investors on 25 May, Deutsche Bank reconfirmed their “Hold” rating on shares of LGEN.

Legal & General Group Plc (LON:LGEN) Ratings Coverage

Among 13 analysts covering Legal General Group PLC (LON:LGEN), 8 have Buy rating, 4 Sell and 1 Hold. Therefore 62% are positive. Legal General Group PLC has GBX 334 highest and GBX 210 lowest target. GBX 282.09’s average target is 0.85% above currents GBX 279.7 stock price. Legal General Group PLC had 25 analyst reports since November 28, 2017 according to SRatingsIntel. The rating was maintained by Barclays Capital on Wednesday, February 28 with “Overweight”. HSBC maintained Legal & General Group Plc (LON:LGEN) rating on Monday, March 19. HSBC has “Buy” rating and GBX 320 target. The rating was maintained by BNP Paribas with “Outperform” on Wednesday, March 28. As per Wednesday, March 14, the company rating was maintained by JP Morgan. The stock of Legal & General Group Plc (LON:LGEN) has “Buy” rating given on Wednesday, December 6 by Shore Capital. The stock has “Buy” rating by HSBC on Tuesday, April 17. Deutsche Bank maintained the shares of LGEN in report on Thursday, January 4 with “Hold” rating. The stock has “Underperform” rating by JP Morgan on Wednesday, May 23. The stock has “Overweight” rating by Barclays Capital on Thursday, February 1. Berenberg maintained the stock with “Buy” rating in Wednesday, April 18 report.

The stock increased 0.54% or GBX 1.5 during the last trading session, reaching GBX 279.7. About 2.31M shares traded. Legal & General Group Plc (LON:LGEN) has 0.00% since May 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Legal & General Group Plc provides various insurance services and products worldwide. The company has market cap of 16.60 billion GBP. It operates through Legal & General Retirement , Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings, and General Insurance (GI) divisions. It has a 8.82 P/E ratio. The LGR segment provides annuity contracts with guaranteed income for a specified time; longevity insurance products for firm pension schemes; and lifetime mortgages.

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