Rating Flow: Legal General Group PLC (LON:LGEN) Investors: Berenberg Reiterates “Buy” Rating, Sees GBX 301.00/Share

November 25, 2016 - By Marie Mckinney

Legal General Group PLC (LON:LGEN) Rating

Analysts at Berenberg have GBX 301.00 TP on Legal General Group PLC (LON:LGEN). Berenberg’s TP indicates a potential upside of 28.88% from the company’s current price. The rating was shown in analysts report on Friday, 25 November.

Legal & General Group Plc (LON:LGEN) Ratings Coverage

Out of 22 analysts covering Legal General Group PLC (LON:LGEN), 9 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 41% are positive. GBX 325 is the highest target while GBX 180 is the lowest. The GBX 244.50 average target is 3.30% above today’s (GBX 236.7) stock price. Legal General Group PLC has been the topic of 142 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by J.P. Morgan with “Underweight” on Friday, October 23. As per Wednesday, August 10, the company rating was maintained by Barclays Capital. The stock of Legal & General Group Plc (LON:LGEN) has “Hold” rating given on Wednesday, September 14 by Deutsche Bank. The company was maintained on Monday, September 21 by Jefferies. Panmure Gordon maintained it with “Buy” rating and GBX 305 target price in Wednesday, November 4 report. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 6. On Wednesday, September 23 the stock rating was maintained by JP Morgan with “Underweight”. The stock of Legal & General Group Plc (LON:LGEN) has “Buy” rating given on Tuesday, September 27 by Panmure Gordon. As per Tuesday, March 22, the company rating was maintained by JP Morgan. Bernstein maintained it with “Outperform” rating and GBX 315 target price in Monday, December 14 report.

About 2.09 million shares traded hands. Legal & General Group Plc (LON:LGEN) has declined 0.38% since April 27, 2016 and is downtrending. It has underperformed by 5.79% the S&P500.

Legal & General Group plc is engaged in life assurance and long-term savings business, investment management, and various general insurance and health business. The company has a market cap of 14.09 billion GBP.

More news for Legal & General Group Plc (LON:LGEN) were recently published by: Prnewswire.com, which released: “Legal & General Group Plc to present at the dbVIC – Deutsche Bank ADR Virtual …” on November 11, 2016. Marketwatch.com‘s article titled: “Legal & General sells Netherlands arm for €160 mln” and published on November 24, 2016 is yet another important article.

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