Legal & General Group Plc (LON:LGEN) Receives Average Rating of “Hold” from Brokerages

Shares of Authorized & Typical Group Plc (LON:LGEN – Get Rating) have earned an average ranking of “Hold” from the six rankings corporations that are at this time masking the company, MarketBeat stories. Three equities research analysts have rated the stock with a keep suggestion and two have assigned a acquire recommendation to the corporation. The normal 1-12 months cost target between brokers that have issued ratings on the stock in the final calendar year is GBX 350.75 ($4.62).

A number of equities analysts not too long ago weighed in on the stock. Berenberg Financial institution restated a “hold” ranking and set a GBX 343 ($4.52) rate target on shares of Lawful & Standard Group in a investigation report on Wednesday, March 9th. Barclays lowered their target cost on shares of Authorized & Normal Group from GBX 406 ($5.34) to GBX 400 ($5.27) and established an “overweight” score on the stock in a report on Wednesday, March 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” score and issued a GBX 335 ($4.41) goal selling price on shares of Lawful & Basic Group in a report on Thursday, March 10th. JPMorgan Chase & Co. reiterated a “neutral” ranking and issued a GBX 325 ($4.28) goal cost on shares of Legal & Basic Team in a report on Thursday, March 10th. Ultimately, Morgan Stanley reiterated an “equal weight” score on shares of Authorized & Basic Group in a report on Friday.

Shares of LON LGEN traded down GBX 4.20 ($.06) through investing on Tuesday, hitting GBX 267.50 ($3.52). The enterprise experienced a trading quantity of 9,344,989 shares, compared to its typical quantity of 15,422,438. The inventory has a fifty day easy shifting average of GBX 276.04 and a two-hundred working day basic relocating normal of GBX 283.78. Lawful & Basic Group has a fifty-two 7 days reduced of GBX 225.49 ($2.97) and a fifty-two week superior of GBX 309.90 ($4.08). The company has a industry capitalization of £15.97 billion and a price tag-to-earnings ratio of 8.21. The firm has a speedy ratio of .36, a present-day ratio of .52 and a debt-to-equity ratio of 572.22.

The enterprise also not too long ago declared a dividend, which will be paid out on Wednesday, June 1st. Stockholders of document on Thursday, April 21st will be issued a GBX 13.27 ($.17) dividend. This is a raise from Authorized & General Group’s preceding dividend of $5.18. The ex-dividend day is Thursday, April 21st. This represents a dividend yield of 5.41%. Legal & Typical Group’s dividend payout ratio is presently 55.21%.

In relevant news, insider Jeff Davies marketed 79,116 shares of the inventory in a transaction on Thursday, March 10th. The shares were offered at an normal selling price of GBX 256 ($3.37), for a total transaction of £202,536.96 ($266,636.33). Also, insider Henrietta Baldock acquired 789 shares of the firm’s stock in a transaction that transpired on Tuesday, February 1st. The shares ended up obtained at an ordinary rate of GBX 290 ($3.82) for each share, with a complete worth of £2,288.10 ($3,012.24). In the last 90 days, insiders purchased 2,671 shares of corporation inventory valued at $773,976.

Legal & General Group Company Profile (Get Ranking)

Authorized & Common Team Plc provides a variety of insurance solutions and services in the United Kingdom, the United States, and internationally. It operates in 4 segments: Legal & Standard Retirement (LGR), Lawful & Standard Investment Management (LGIM), Legal & Basic Cash (LGC), and Lawful & Typical Insurance (LGI).

Read Extra

Want Extra Great Investing Concepts?

Get Information & Ratings for Legal & Basic Team Every day – Enter your electronic mail deal with below to acquire a concise day by day summary of the latest information and analysts’ ratings for Authorized & Basic Team and associated firms with MarketBeat.com’s Totally free every day e mail e-newsletter.