Were Analysts Bearish Legal & General Group Plc (LON:LGEN) This Week?

February 15, 2018 - By Vivian Currie

 Were Analysts Bearish Legal & General Group Plc (LON:LGEN) This Week?

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

Among 24 analysts covering Legal General Group PLC (LON:LGEN), 12 have Buy rating, 7 Sell and 5 Hold. Therefore 50% are positive. Legal General Group PLC had 217 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Shore Capital on Wednesday, March 8. The firm has “Outperform” rating given on Monday, August 3 by RBC Capital Markets. The stock of Legal & General Group Plc (LON:LGEN) earned “Hold” rating by Canaccord Genuity on Friday, October 2. The rating was maintained by JP Morgan on Monday, October 3 with “Underweight”. The firm earned “Buy” rating on Friday, November 25 by Berenberg. Berenberg maintained the shares of LGEN in report on Tuesday, February 16 with “Buy” rating. UBS maintained Legal & General Group Plc (LON:LGEN) on Tuesday, December 6 with “Sell” rating. On Tuesday, April 25 the stock rating was maintained by Berenberg with “Buy”. RBC Capital Markets maintained Legal & General Group Plc (LON:LGEN) rating on Thursday, December 10. RBC Capital Markets has “Outperform” rating and GBX 300 target. The stock has “Outperform” rating by BNP Paribas on Monday, March 20. Below is a list of Legal & General Group Plc (LON:LGEN) latest ratings and price target changes.

06/02/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 305.00 New Target: GBX 305.00 Maintain
01/02/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 294.00 New Target: GBX 290.00 Maintain
17/01/2018 Broker: RBC Capital Markets Rating: Outperform Maintain
04/01/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 270.00 New Target: GBX 305.00 Maintain
11/12/2017 Broker: Barclays Capital Rating: Overweight Old Target: GBX 279.00 New Target: GBX 294.00 Maintain
07/12/2017 Broker: JP Morgan Rating: Underweight Old Target: GBX 218.00 New Target: GBX 218.00 Maintain
06/12/2017 Broker: Shore Capital Rating: Buy Maintain
28/11/2017 Broker: Societe Generale Rating: Sell Old Target: GBX 250.00 New Target: GBX 240.00 Downgrade
23/11/2017 Broker: HSBC Rating: Buy Old Target: GBX 290.00 New Target: GBX 295.00 Maintain
16/11/2017 Broker: Citigroup Rating: Buy Maintain

The stock increased 0.12% or GBX 0.3 during the last trading session, reaching GBX 252.9. About 13.22 million shares traded. Legal & General Group Plc (LON:LGEN) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Legal & General Group Plc provides various insurance services and products worldwide. The company has market cap of 15.02 billion GBP. It operates through Legal & General Retirement , Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings, and General Insurance (GI) divisions. It has a 9.8 P/E ratio. The LGR segment provides annuity contracts with guaranteed income for a specified time; longevity insurance products for firm pension schemes; and lifetime mortgages.

More recent Legal & General Group Plc (LON:LGEN) news were published by: Fool.Co.Uk which released: “Legal & General Group plc isn’t the only big dividend payer I’d buy and forget …” on January 22, 2018. Also Fool.Co.Uk published the news titled: “Legal & General Group plc isn’t the only dividend-growth stock I’d buy today” on January 31, 2018. Fool.Co.Uk‘s news article titled: “One super growth stock I’d buy alongside Legal & General Group plc” with publication date: January 23, 2018 was also an interesting one.

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