The Legal & General Group Plc (LGEN) Rating Reiterated by Goldman Sachs Group Inc

The Legal & General Group Plc (LGEN) Rating Reiterated by Goldman Sachs Group Inc

Other equities research analysts have also recently issued reports about the stock. Royal Bank of Canada reissued an outperform rating and issued a GBX 310 ($3.98) price objective on shares of Legal & General Group Plc in a research report on Thursday, April 27th. Credit Suisse Group AG started coverage on shares of Legal & General Group Plc in a research report on Thursday, April 27th. They issued an underperform rating and a GBX 215 ($2.76) price objective for the company. Berenberg Bank reaffirmed a buy rating and issued a GBX 301 ($3.87) price target on shares of Legal & General Group Plc in a research report on Tuesday, April 25th. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 255 ($3.28) price target on shares of Legal & General Group Plc in a research report on Tuesday, May 16th. Finally, Shore Capital reaffirmed a buy rating on shares of Legal & General Group Plc in a research report on Wednesday, March 8th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 256.79 ($3.30).

Goldman Sachs Group Inc restated their neutral rating on shares of Legal & General Group Plc (LON:LGEN) in a research note published on Tuesday. Goldman Sachs Group Inc currently has a GBX 240 ($3.08) price objective on the financial services provider’s stock.

Shares of Legal & General Group Plc (LON:LGEN) opened at 253.548 on Tuesday. The stock’s market capitalization is GBX 15.04 billion. The firm has a 50-day moving average of GBX 252.77 and a 200 day moving average of GBX 246.20. Legal & General Group Plc has a one year low of GBX 160.50 and a one year high of GBX 262.06. The company also recently declared a dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, April 27th will be issued a dividend of GBX 10.35 ($0.13) per share. The ex-dividend date of this dividend is Thursday, April 27th. This is an increase from Legal & General Group Plc’s previous dividend of $4.00. This represents a yield of 4.16%.

In other news, insider Julia Wilson purchased 11,425 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The shares were purchased at an average cost of GBX 250 ($3.21) per share, with a total value of £28,562.50 ($36,689.15). Also, insider John Kingman purchased 654 shares of the stock in a transaction that occurred on Tuesday, May 2nd. The shares were purchased at an average cost of GBX 251 ($3.22) per share, for a total transaction of £1,641.54 ($2,108.59). Over the last three months, insiders have purchased 21,571 shares of company stock worth $5,424,706 and have sold 226,022 shares worth $56,286,698. Legal & General Group Plc Company Profile

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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:LGEN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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