LEGAL & GENERAL GROUP ORD 2 – Consensus Indicates Potential 5.6% Upside

Broker Ratings

LEGAL & GENERAL GROUP ORD 2 found using the EPIC (LON:LGEN) have now 14 analysts in total covering the company. The target price ranges between £3.32 and £2.25 with the average target price sitting at £2.89. With the shares previous close at £2.74 this now indicates there is a potential upside of 5.6%. The day 50 moving average is £2.79 while the 200 day moving average is £2.71. The company has a market capitalisation of £16b. Company Website: http://www.legalandgeneralgroup.com

Legal & General Group provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; lifetime mortgages; lifetime care plans; and retirement interest only mortgages. 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; reinsurance; savings and death benefits; and annuities. The company is also involved in the unit trust and institutional fund management, mortgage finance, treasury, building project and modular housing development, general insurance, and open-ended investment businesses, as well as manufacture of sheds. It also engages in the real estate investment, operation, management, and trading, fund general partner, fund trustee, commercial lending, venture capital investing, contractual scheme, management, pension tracing and transfer, investor alternative investment fund, collective asset-management, and investment management activities; and provision of investment advisory, business information consultancy, and technology services. The company was founded in 1836 and is headquartered in London, the United Kingdom.

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