Legal & General Group Plc (LON:LGEN) Stock Rating Reaffirmed by Deutsche Bank AG

Deutsche Bank AG restated their hold rating on shares of Legal & General Group Plc (LON:LGEN) in a report published on Wednesday, November 8th.

Other research analysts have also recently issued research reports about the stock. Numis Securities Ltd upgraded shares of Legal & General Group to an add rating and set a GBX 305 ($4.07) price target for the company in a research note on Friday, November 3rd. Citigroup Inc. upgraded shares of Legal & General Group to a buy rating and set a GBX 296 ($3.95) price target for the company in a research note on Thursday, November 2nd. restated a buy rating and set a GBX 290 ($3.87) price target on shares of Legal & General Group in a research note on Wednesday, August 23rd. Shore Capital restated a buy rating on shares of Legal & General Group in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC raised their price target on shares of Legal & General Group from GBX 249 ($3.32) to GBX 253 ($3.37) and gave the stock a hold rating in a research note on Monday, September 11th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 259.94 ($3.47).

Shares of Legal & General Group (LON:LGEN) traded down GBX 0.40 ($0.01) on Wednesday, reaching GBX 265.60 ($3.54). 10,761,638 shares of the company’s stock were exchanged, compared to its average volume of 12,380,000. Legal & General Group has a 1 year low of GBX 231.60 ($3.09) and a 1 year high of GBX 279.90 ($3.73).

In other news, insider John Kingman bought 610 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was bought at an average price of GBX 269 ($3.59) per share, for a total transaction of £1,640.90 ($2,187.57). Insiders bought 2,109 shares of company stock valued at $553,985 in the last quarter.

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About Legal & General Group

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).

Analyst Recommendations for Legal & General Group (LON:LGEN)

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