Legal & General Group’s (LGEN) Top Pick Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their top pick rating on shares of Legal & General Group (LON:LGEN) in a research report report published on Friday, Marketbeat reports.

A number of other equities analysts also recently commented on LGEN. JPMorgan Chase & Co. boosted their price objective on shares of Legal & General Group from GBX 290 ($3.70) to GBX 295 ($3.76) and gave the stock an “overweight” rating in a research note on Friday. Berenberg Bank reiterated a “buy” rating and issued a GBX 265 ($3.38) price target on shares of Legal & General Group in a report on Thursday. Finally, Royal Bank of Canada restated a “sector perform” rating and set a GBX 245 ($3.12) price objective on shares of Legal & General Group in a research note on Thursday, August 15th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 276.67 ($3.53).

Legal & General Group Trading Down 0.8 %

LON:LGEN opened at GBX 237.50 ($3.03) on Friday. The firm has a 50-day simple moving average of GBX 223.37 and a 200-day simple moving average of GBX 229.12. Legal & General Group has a one year low of GBX 211.40 ($2.69) and a one year high of GBX 259 ($3.30). The firm has a market cap of £13.87 billion, a P/E ratio of 4,750.00, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 722.64, a quick ratio of 0.50 and a current ratio of 1.12.

Insider Buying and Selling at Legal & General Group

In related news, insider John Kingman bought 726 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were purchased at an average cost of GBX 226 ($2.88) per share, with a total value of £1,640.76 ($2,090.94). Also, insider Henrietta Baldock purchased 1,118 shares of Legal & General Group stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of GBX 221 ($2.82) per share, with a total value of £2,470.78 ($3,148.69). In the last ninety days, insiders acquired 2,600 shares of company stock worth $575,962. Company insiders own 0.88% of the company’s stock.

Legal & General Group Company Profile

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.