Legal & General Group (LON:LGEN – Get Free Report) had its target price lowered by research analysts at JPMorgan Chase & Co. from GBX 330 ($4.19) to GBX 285 ($3.62) in a note issued to investors on Monday, Marketbeat.com reports. The firm presently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 24.35% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Jefferies Financial Group restated a “hold” rating and set a GBX 255 ($3.23) price target on shares of Legal & General Group in a report on Thursday, June 13th. Berenberg Bank restated a “buy” rating and set a GBX 289 ($3.67) price target on shares of Legal & General Group in a report on Wednesday, June 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Legal & General Group from GBX 300 ($3.81) to GBX 275 ($3.49) and set a “buy” rating on the stock in a research report on Tuesday, June 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 285.80 ($3.63).
Read Our Latest Stock Analysis on Legal & General Group
Legal & General Group Stock Down 0.5 %
Insiders Place Their Bets
In other Legal & General Group news, insider Henrietta Baldock purchased 957 shares of the stock in a transaction dated Monday, June 3rd. The shares were bought at an average price of GBX 254 ($3.22) per share, with a total value of £2,430.78 ($3,083.57). In other Legal & General Group news, insider Henrietta Baldock purchased 957 shares of the stock in a transaction dated Monday, June 3rd. The shares were bought at an average price of GBX 254 ($3.22) per share, with a total value of £2,430.78 ($3,083.57). Also, insider Jeff Davies sold 220,906 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of GBX 243 ($3.08), for a total transaction of £536,801.58 ($680,961.03). Over the last 90 days, insiders have purchased 10,919 shares of company stock valued at $2,732,050. Company insiders own 0.85% of the company’s stock.
About Legal & General Group
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
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