Numis Securities Ltd upgraded shares of Legal & General Group Plc (LON:LGEN) to an add rating in a research report released on Friday, November 3rd. They currently have GBX 305 ($4.01) price objective on the financial services provider’s stock.
Other equities analysts also recently issued research reports about the stock. Citigroup Inc. upgraded shares of Legal & General Group Plc to a buy rating and set a GBX 296 ($3.89) price objective on the stock in a report on Thursday, November 2nd. Shore Capital restated a buy rating on shares of Legal & General Group Plc in a report on Wednesday, August 9th. HSBC Holdings plc restated a buy rating and set a GBX 290 ($3.81) price objective on shares of Legal & General Group Plc in a report on Wednesday, August 23rd. Jefferies Group LLC upped their price objective on shares of Legal & General Group Plc from GBX 249 ($3.28) to GBX 253 ($3.33) and gave the company a hold rating in a report on Monday, September 11th. Finally, Deutsche Bank AG restated a hold rating on shares of Legal & General Group Plc in a report on Friday, September 8th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 257.88 ($3.39).
Legal & General Group Plc (LON:LGEN) opened at GBX 265.80 ($3.50) on Friday. Legal & General Group Plc has a 12 month low of GBX 228.27 ($3.00) and a 12 month high of GBX 279.90 ($3.68).
In other Legal & General Group Plc news, insider John Kingman bought 237 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were purchased at an average price of GBX 258 ($3.39) per share, for a total transaction of £611.46 ($804.24). Insiders have bought a total of 2,109 shares of company stock worth $553,985 in the last quarter.
About Legal & General Group Plc
Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).
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