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JP Morgan Cazenove reported on Legal General Group PLC (LON:LGEN), lowering its target price to 197.00GBX today

Boasting a price of 216.25GBX, Legal General Group PLC (LON:LGEN) traded -0.05% lower on the day. With the last stock price close down -0.30% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LGEN has recorded a 50-day average of 213.13GBX and a two hundred day average of 217.39GBX. Trade Volume was up over the average, with 26,444,791 shares of LGEN changing hands over the typical 19,708,700

Legal General Group PLC (LON:LGEN) had its target price dropped to 197.00GBX by JP Morgan Cazenove in an issued report issued 10/03/2016. The reduced price target implies a potential downside of -0.09% based on the company's most recent stock price close.

Performance Chart

Legal General Group PLC (LON:LGEN)

With a total market value of 0 GBX, Legal General Group PLC has 52 week low of 160.50GBX and a 52 week high of 275.40GBX with a P/E ratio of 10.73 .

In addition to JP Morgan Cazenove reporting its target price, a total of 19 brokers have issued a report on the stock. The consensus target price is 229.47GBX with three equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, five equity analysts rating the company a hold, 5 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Legal General Group PLC (LON:LGEN)

Legal & General Group plc is engaged in life assurance and long-term savings business, investment management, and various general insurance and health business. The Company operates through six segments: Legal & General Retirement (LGR), which includes annuities (both individual and bulk purchase), longevity insurance and lifetime mortgages; Legal & General Investment Management (LGIM), which includes institutional and retail investment management and workplace savings businesses; Legal & General Capital (LGC), which includes the medium-term investment return (less expenses) on group invested assets; Insurance, which includes the business in retail protection, group protection, general insurance, networks, and Legal and General Netherlands; Savings, which includes the business in platforms, self-invested personal pensions (SIPPs), mature savings and with-profits, and Legal & General America (LGA), which includes protection business written in the United States.

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