Legal & General Group’s (LGEN) Underperform Rating Reaffirmed at Royal Bank Of Canada

Posted by George Bondi on Jul 29th, 2026

Legal & General Group (LON:LGEN – Get Free Report)‘s stock had its “underperform” rating reissued by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 255 price objective on the financial services provider’s stock. Royal Bank Of Canada’s target price indicates a potential downside of 13.85% from the stock’s current price.

A number of other analysts have also recently issued reports on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 308 target price on shares of Legal & General Group in a report on Friday, May 1st. Citigroup boosted their price objective on shares of Legal & General Group from GBX 249 to GBX 251 and gave the stock a “neutral” rating in a research note on Tuesday, June 9th. Finally, Jefferies Financial Group lowered shares of Legal & General Group to an “underperform” rating and set a GBX 185 price objective for the company. in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 256.

Check Out Our Latest Report on Legal & General Group

Legal & General Group Trading Down 0.5%

Shares of LGEN opened at GBX 296 on Wednesday. The stock’s fifty day simple moving average is GBX 283.41 and its 200 day simple moving average is GBX 267.63. Legal & General Group has a twelve month low of GBX 217.20 and a twelve month high of GBX 310. The company has a current ratio of 59.08, a quick ratio of 0.50 and a debt-to-equity ratio of 1,100.04. The firm has a market capitalization of £16.20 billion, a P/E ratio of 30.39, a price-to-earnings-growth ratio of 2.34 and a beta of 0.79.

Insider Activity

In other news, insider Mark Jordy bought 3,683 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average cost of GBX 287 per share, for a total transaction of £10,570.21. Also, insider John Kingman purchased 650 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average cost of GBX 253 per share, with a total value of £1,644.50. Insiders purchased 8,519 shares of company stock worth $2,299,198 over the last three months. Insiders own 0.59% of the company’s stock.

About Legal & General Group

(Get Free Report)

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. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets.