Can analysts adopt a bullish outlook for Legal & General Group Plc (LON:LGEN)?

April 16, 2018 - By Linda Rogers

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

Among 11 analysts covering Legal General Group PLC (LON:LGEN), 7 have Buy rating, 3 Sell and 1 Hold. Therefore 64% are positive. Legal General Group PLC had 25 analyst reports since November 2, 2017 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and GBX 294 target in Monday, December 11 report. The stock of Legal & General Group Plc (LON:LGEN) has “Underweight” rating given on Thursday, March 8 by JP Morgan. The rating was maintained by RBC Capital Markets on Wednesday, January 17 with “Outperform”. JP Morgan maintained Legal & General Group Plc (LON:LGEN) on Thursday, November 16 with “Underweight” rating. The firm earned “Underweight” rating on Wednesday, March 14 by JP Morgan. The stock of Legal & General Group Plc (LON:LGEN) earned “Overweight” rating by Barclays Capital on Wednesday, February 28. The rating was maintained by Barclays Capital with “Overweight” on Thursday, February 1. The firm earned “Outperform” rating on Wednesday, March 28 by BNP Paribas. The firm has “Hold” rating by Deutsche Bank given on Wednesday, March 28. On Thursday, November 23 the stock rating was maintained by HSBC with “Buy”. Below is a list of Legal & General Group Plc (LON:LGEN) latest ratings and price target changes.

28/03/2018 Broker: Deutsche Bank Rating: Hold Maintain
28/03/2018 Broker: BNP Paribas Rating: Outperform Old Target: GBX 295.00 New Target: GBX 295.00 Maintain
19/03/2018 Broker: HSBC Rating: Buy Old Target: GBX 303.00 New Target: GBX 320.00 Maintain
14/03/2018 Broker: JP Morgan Rating: Underweight Old Target: GBX 218.00 New Target: GBX 218.00 Maintain
07/03/2018 Broker: Barclays Capital Rating: Overweight Maintain
08/03/2018 Broker: JP Morgan Rating: Underweight Old Target: GBX 218.00 New Target: GBX 218.00 Maintain
08/03/2018 Broker: Numis Securities Rating: Add Old Target: GBX 125.00 New Target: GBX 305.00 Upgrade
28/02/2018 Broker: Barclays Capital Rating: Overweight Maintain
26/02/2018 Broker: Citigroup Rating: Buy New Target: GBX 306.00 Maintain
20/02/2018 Broker: Goldman Sachs Rating: Sell Old Target: GBX 210.00 New Target: GBX 210.00 Maintain

The stock decreased 0.92% or GBX 2.5 during the last trading session, reaching GBX 268.6. About 9.88 million shares traded. Legal & General Group Plc (LON:LGEN) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Legal & General Group Plc provides various insurance services and products worldwide. The company has market cap of 15.94 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 8.47 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.

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