Legal & General Group Plc (LON:LGEN) shares were up 0% during mid-day trading on Tuesday . The company traded as high as GBX 263.80 ($3.47) and last traded at GBX 266.10 ($3.50). Approximately 20,963,942 shares were traded during trading, an increase of 80% from the average daily volume of 11,640,000 shares. The stock had previously closed at GBX 266.10 ($3.50).
Several research analysts have weighed in on LGEN shares. Numis Securities Ltd upgraded shares of Legal & General Group Plc to an “add” rating and set a GBX 305 ($4.01) target price on the stock in a research report on Friday, November 3rd. Citigroup Inc. upgraded shares of Legal & General Group Plc to a “buy” rating and set a GBX 296 ($3.89) target price on the stock in a research report on Thursday, November 2nd. Shore Capital restated a “buy” rating on shares of Legal & General Group Plc in a research report on Wednesday, August 9th. restated a “buy” rating and set a GBX 290 ($3.81) target price on shares of Legal & General Group Plc in a research report on Wednesday, August 23rd. Finally, Jefferies Group LLC upped their target price on shares of Legal & General Group Plc from GBX 249 ($3.28) to GBX 253 ($3.33) and gave the stock a “hold” rating in a research report on Monday, September 11th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 257.88 ($3.39).
In related news, insider John Kingman purchased 610 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were bought at an average price of GBX 269 ($3.54) per share, with a total value of £1,640.90 ($2,158.23). In the last ninety days, insiders have acquired 2,109 shares of company stock worth $553,985.
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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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