Royal Bank of Canada reissued their outperform rating on shares of Legal & General Group Plc (LON:LGEN) in a research report sent to investors on Friday. Royal Bank of Canada currently has a GBX 300 ($3.71) price objective on the financial services provider’s stock.

Other research analysts have also recently issued reports about the stock. Berenberg Bank boosted their price target on shares of Legal & General Group Plc from GBX 276 ($3.41) to GBX 301 ($3.72) and gave the stock a buy rating in a report on Friday, November 25th. Shore Capital restated a buy rating on shares of Legal & General Group Plc in a report on Monday, December 5th. HSBC Holdings plc restated a buy rating and set a GBX 275 ($3.40) price target on shares of Legal & General Group Plc in a report on Thursday, February 2nd. Deutsche Bank AG restated a hold rating and set a GBX 255 ($3.15) price target on shares of Legal & General Group Plc in a report on Monday, December 19th. Finally, Barclays PLC restated a hold rating and set a GBX 255 ($3.15) price target on shares of Legal & General Group Plc in a report on Tuesday, December 13th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 248.43 ($3.07).

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

Shares of Legal & General Group Plc (LON:LGEN) traded up 0.32% during midday trading on Friday, reaching GBX 250.70. 8,232,133 shares of the company traded hands. Legal & General Group Plc has a 12-month low of GBX 160.50 and a 12-month high of GBX 257.10. The company has a 50-day moving average of GBX 245.21 and a 200 day moving average of GBX 232.38. The firm’s market capitalization is GBX 14.87 billion.

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

In other Legal & General Group Plc news, insider John Kingman purchased 1,842 shares of the company’s stock in a transaction that occurred on Wednesday, February 1st. The shares were bought at an average cost of GBX 237 ($2.93) per share, for a total transaction of £4,365.54 ($5,391.55). Also, insider Nigel Wilson sold 90,536 shares of the company’s stock in a transaction that occurred on Tuesday, March 14th. The shares were sold at an average price of GBX 246 ($3.04), for a total transaction of £222,718.56 ($275,063.06). Insiders have purchased a total of 11,777 shares of company stock worth $2,951,238 over the last 90 days.

About Legal & General Group Plc

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