Legal & General Group Plc (LON:LGEN)‘s stock had its “underweight” rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Tuesday. They currently have a GBX 197 ($2.48) price target on the financial services provider’s stock. JPMorgan Chase & Co.’s price target would suggest a potential downside of 22.59% from the company’s current price.

A number of other research firms also recently weighed in on LGEN. Shore Capital reaffirmed a “buy” rating on shares of Legal & General Group Plc in a research note on Wednesday, March 8th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 270 ($3.40) price target on shares of Legal & General Group Plc in a research note on Monday, March 20th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 282 ($3.55) price target on shares of Legal & General Group Plc in a research note on Thursday, March 9th. Macquarie reissued an “underperform” rating and set a GBX 201 ($2.53) target price on shares of Legal & General Group Plc in a research report on Thursday, March 9th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a GBX 300 ($3.78) target price on shares of Legal & General Group Plc in a research report on Friday, March 17th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Legal & General Group Plc presently has an average rating of “Hold” and a consensus price target of GBX 254 ($3.20).

Analyst Recommendations for Legal & General Group Plc (LON:LGEN)

Shares of Legal & General Group Plc (LON:LGEN) opened at 254.50 on Tuesday. Legal & General Group Plc has a 12 month low of GBX 160.50 and a 12 month high of GBX 257.10. The stock’s market capitalization is GBX 15.10 billion. The company’s 50 day moving average price is GBX 249.34 and its 200 day moving average price is GBX 238.18.

The business also recently announced a dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, April 27th will be paid a GBX 10.35 ($0.13) dividend. This represents a dividend yield of 4.16%. The ex-dividend date is Thursday, April 27th. This is a boost from Legal & General Group Plc’s previous dividend of $4.00.

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In related news, insider Toby Strauss bought 1,111 shares of Legal & General Group Plc stock in a transaction that occurred on Monday, April 3rd. The stock was acquired at an average price of GBX 248 ($3.12) per share, for a total transaction of £2,755.28 ($3,467.94). Also, insider Richard H. Meddings bought 1,097 shares of Legal & General Group Plc stock in a transaction that occurred on Wednesday, March 1st. The stock was bought at an average price of GBX 251 ($3.16) per share, with a total value of £2,753.47 ($3,465.66). In the last quarter, insiders purchased 11,785 shares of company stock valued at $2,952,119.

About Legal & General Group Plc

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).

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