Is Legal & General Group Plc’s Fuel For Real? The Stock Just Upped Again

 Is Legal & General Group Plc's Fuel For Real? The Stock Just Upped Again

The stock of Legal & General Group Plc (LON:LGEN) is a huge mover today! The stock increased 4.79% or GBX 10.61 on November 10, hitting GBX 232.31. About 49.89 million shares traded hands or 165.94% up from the average. Legal & General Group Plc (LON:LGEN) has declined 6.77% since April 12, 2016 and is downtrending. It has underperformed by 12.42% the S&P500.
The move comes after 8 months positive chart setup for the GBX 13.83B company. It was reported on Nov, 10 by Barchart.com. We have GBX 327.56 PT which if reached, will make LON:LGEN worth GBX 5.67B more.

Legal & General Group Plc (LON:LGEN) Ratings Coverage

Out of 22 analysts covering Legal General Group PLC (LON:LGEN), 9 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 41% are positive. Legal General Group PLC has been the topic of 141 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by Barclays Capital given on Wednesday, March 16. On Friday, January 8 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Outperform” rating on Friday, January 15 by Bernstein. The stock of Legal & General Group Plc (LON:LGEN) earned “Outperform” rating by RBC Capital Markets on Friday, February 5. RBC Capital Markets maintained the shares of LGEN in a report on Tuesday, April 12 with “Outperform” rating. The stock of Legal & General Group Plc (LON:LGEN) has “Underweight” rating given on Wednesday, September 9 by JP Morgan. The firm earned “Hold” rating on Thursday, September 22 by Jefferies. The company was maintained on Friday, April 8 by Deutsche Bank. The stock of Legal & General Group Plc (LON:LGEN) has “Buy” rating given on Thursday, November 5 by Beaufort Securities. The rating was maintained by Bernstein with “Outperform” on Tuesday, November 24.

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 has a market cap of 13.83 billion GBP.

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