Legal & General Group Plc (OTCMKTS:LGGNY – Get Rating) has been given an average rating of “Hold” by the ten brokerages that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts who have updated their coverage on the stock in the last year is $338.33.
Several analysts have issued reports on the company. Morgan Stanley dropped their price target on Legal & General Group from GBX 295 ($3.62) to GBX 285 ($3.50) in a research note on Wednesday, February 8th. Deutsche Bank Aktiengesellschaft downgraded Legal & General Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 10th. Berenberg Bank cut Legal & General Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 31st. Barclays decreased their price objective on Legal & General Group from GBX 390 ($4.79) to GBX 375 ($4.61) in a report on Thursday, March 9th. Finally, JPMorgan Chase & Co. decreased their price objective on Legal & General Group from GBX 375 ($4.61) to GBX 355 ($4.36) in a report on Thursday, March 9th.
Legal & General Group Stock Down 0.7 %
Shares of Legal & General Group stock opened at $14.95 on Monday. Legal & General Group has a 12 month low of $11.18 and a 12 month high of $18.89. The stock’s fifty day simple moving average is $15.28 and its 200 day simple moving average is $14.73.
About Legal & General Group
Legal & General Group Plc engages in the provision of risk, savings and investment management products and services. It operates through the following segments: Legal & General Retirement (LGR); Legal & General Investment Management (LGIM); Legal & General Capital (LGC); and Legal & General Insurance (LGI).
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