LEGAL & GENERAL GROUP ORD 2 with EPIC code (LON:LGEN) now have 14 analysts covering the company.The range between the high target price and low target price is between £3.32 and £2.25 meaning the average target price is £2.89. Given that the previous closing share price was at £2.61 this now indicates there is a potential upside of 10.6%. There is a 50 day moving average of £2.64 and the 200 moving average now moves to £2.32. The market capitalisation for the company is £16b. You can visit the company’s website by visiting: http://www.legalandgeneralgroup.com
Legal & General Group provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; lifetime mortgages; and lifetime care plans. The LGIM segment provides index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real estate funds. The LGC segment offers investment strategy and implementation, and direct investment and structuring services. The LGI segment provides protection products, such as health, disability, critical illness, and accident; individual term assurance; savings and death benefits; and annuities. The company is also involved in insurance agency and brokerage, unit trust management, institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses. It also engages in the real estate investment and trading, fund general partner, fund trustee, commercial lending, venture and development capital, contractual scheme, management, investor alternative investment fund, collective asset-management, reinsurance, and investment management activities; and provision of investment advisory and property services. The company was founded in 1836 and is based in London, the United Kingdom.