Legal & General Group (LON:LGEN) had its target price upped by equities research analysts at Barclays from GBX 279 ($3.76) to GBX 294 ($3.96) in a research note issued on Monday. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Barclays’ price objective would indicate a potential upside of 13.03% from the company’s current price.

LGEN has been the subject of a number of other reports. Societe Generale lowered Legal & General Group to a “sell” rating and decreased their target price for the company from GBX 250 ($3.36) to GBX 240 ($3.23) in a report on Tuesday, November 28th. Jefferies Group lifted their price target on Legal & General Group from GBX 249 ($3.35) to GBX 253 ($3.41) and gave the stock a “hold” rating in a report on Monday, September 11th. Shore Capital reaffirmed a “buy” rating on shares of Legal & General Group in a report on Tuesday, November 14th. Goldman Sachs Group decreased their price target on Legal & General Group from GBX 255 ($3.43) to GBX 250 ($3.36) and set a “neutral” rating for the company in a report on Tuesday, September 12th. Finally, Numis Securities raised Legal & General Group to an “add” rating and set a GBX 305 ($4.10) price target for the company in a report on Friday, November 3rd. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. Legal & General Group has an average rating of “Hold” and a consensus price target of GBX 265.88 ($3.58).

Legal & General Group (LON LGEN) opened at GBX 260.10 ($3.50) on Monday. Legal & General Group has a fifty-two week low of GBX 231.60 ($3.12) and a fifty-two week high of GBX 279.90 ($3.77).

In other news, insider Toby Strauss bought 950 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average price of GBX 264 ($3.55) per share, for a total transaction of £2,508 ($3,375.50). Also, insider John Kingman purchased 610 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was bought at an average price of GBX 269 ($3.62) per share, for a total transaction of £1,640.90 ($2,208.48). Insiders have bought 2,426 shares of company stock worth $640,205 in the last quarter.

TRADEMARK VIOLATION WARNING: “Barclays Boosts Legal & General Group (LGEN) Price Target to GBX 294” was first published by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at

About Legal & General Group

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).

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

Receive News & Ratings for Legal & General Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group Plc and related companies with's FREE daily email newsletter.