Legal & General Group (LON:LGEN)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also weighed in on LGEN. Shore Capital reissued a “buy” rating on shares of in a research report on Thursday, June 6th. UBS Group raised their price target on shares of Zscaler from $60.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, May 31st. JPMorgan Chase & Co. raised their price target on shares of Vermilion Energy from C$42.00 to C$43.00 in a research report on Monday, May 13th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 265 ($3.46) price target on shares of WM Morrison Supermarkets in a research report on Monday, April 29th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 298.11 ($3.90).
LGEN opened at GBX 269.10 ($3.52) on Friday. The company has a debt-to-equity ratio of 57.19, a current ratio of 1.62 and a quick ratio of 0.59. The firm’s 50-day moving average price is GBX 266.83. Legal & General Group has a fifty-two week low of GBX 221.80 ($2.90) and a fifty-two week high of GBX 292.30 ($3.82). The company has a market capitalization of $16.05 billion and a price-to-earnings ratio of 8.79.
In other Legal & General Group news, insider Nigel Wilson sold 271,950 shares of Legal & General Group stock in a transaction dated Sunday, April 21st. The shares were sold at an average price of GBX 291 ($3.80), for a total value of £791,374.50 ($1,034,070.95). Also, insider John Kingman acquired 587 shares of the stock in a transaction on Wednesday, May 1st. The stock was bought at an average cost of GBX 280 ($3.66) per share, for a total transaction of £1,643.60 ($2,147.65). In the last ninety days, insiders acquired 2,810 shares of company stock worth $756,685.
Legal & General Group Company Profile
Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments.
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