Legal & General Group Plc’s Buy Rating Reaffirmed at Panmure Gordon (LGEN)

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Legal & General Group Plc (LON:LGEN)‘s stock had its “buy” rating restated by research analysts at Panmure Gordon in a report released on Wednesday, American Banking News reports. They currently have a GBX 276 ($4.66) price target on the stock. Panmure Gordon’s target price suggests a potential upside of 29.28% from the company’s current price.

A number of other analysts have also recently weighed in on LGEN. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Legal & General Group Plc in a research note on Wednesday. They now have a GBX 250 ($4.22) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Legal & General Group Plc in a research note on Wednesday. They now have a GBX 239 ($4.03) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Legal & General Group Plc in a research note on Thursday, April 24th. They now have a GBX 215 ($3.63) price target on the stock. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 217.24 ($3.66).

Shares of Legal & General Group Plc (LON:LGEN) opened at 220.30 on Wednesday. Legal & General Group Plc has a 52 week low of GBX 161.486 and a 52 week high of GBX 244.90. The stock’s 50-day moving average is GBX 211.8 and its 200-day moving average is GBX 218.5. The company’s market cap is £12.963 billion.

Legal & General Group Plc is a provider of risk, savings and investment management products in the United Kingdom.

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