<div id="readability-page-1"><p><span>Legal &amp; General Group (LON:LGEN - Get Free Report)</span> was downgraded by stock analysts at Jefferies Financial Group to an &#34;underperform&#34; rating in a note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 185 target price on the financial services provider's stock. Jefferies Financial Group's price objective indicates a potential downside of 25.44% from the stock's previous close.</p><div><p><span></span><span>Get <strong>Legal &amp; General Group</strong> alerts:</span></p></div><p>A number of other equities research analysts also recently weighed in on the stock. Citigroup raised their price target on shares of Legal &amp; General Group from GBX 243 to GBX 249 and gave the company a &#34;neutral&#34; rating in a research note on Tuesday, March 24th. The Goldman Sachs Group raised their price target on shares of Legal &amp; General Group from GBX 249 to GBX 263 and gave the company a &#34;neutral&#34; rating in a research note on Wednesday, January 21st. Royal Bank Of Canada raised their price target on shares of Legal &amp; General Group from GBX 205 to GBX 220 and gave the company an &#34;underperform&#34; rating in a research note on Monday, March 23rd. Finally, Berenberg Bank  restated a &#34;buy&#34; rating and issued a GBX 308 price target on shares of Legal &amp; General Group in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and a consensus price target of GBX 250.71.</p><p><b>Get Our Latest Analysis on Legal &amp; General Group</b></p><h2>Legal &amp; General Group Stock Down 2.7%</h2><p>LGEN stock opened at GBX 248.14 on Tuesday. Legal &amp; General Group has a 12 month low of GBX 217.20 and a 12 month high of GBX 279.50. The firm has a market cap of £13.93 billion, a P/E ratio of 25.48, a P/E/G ratio of 2.34 and a beta of 0.81. The company's 50-day moving average price is GBX 255.54 and its two-hundred day moving average price is GBX 254.18. </p><p>Legal &amp; General Group (LON:LGEN - Get Free Report) last released its earnings results on Wednesday, March 11th. The financial services provider reported GBX 831 EPS for the quarter. Legal &amp; General Group had a net margin of 0.91% and a return on equity of 15.89%.  Equities analysts predict that  Legal &amp; General Group will post 24.2376446 EPS for the current year. </p><p>Legal &amp; General Group declared that its Board of Directors has initiated a share repurchase plan on Wednesday, March 11th that allows the company to repurchase 0   shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock  repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued. </p><h2>Insiders Place Their Bets</h2><p>In other Legal &amp; General Group news, insider Laura Wade-Gery acquired 988 shares of the company's stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of GBX 253 per share, for a total transaction of £2,499.64. Also, insider Mark Jordy acquired 1,040 shares of the company's stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of GBX 253 per share, with a total value of £2,631.20. Over the last quarter, insiders have purchased 6,998 shares of company stock worth $1,817,940 and have sold 410,095 shares worth $106,048,563. Corporate insiders own  0.59% of the company's stock. </p><h2>Legal &amp; General Group Company Profile</h2> (Get Free Report)<p>Legal &amp; General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal &amp; General Retirement Institutional (LGRI), Legal &amp; General Investment Management (LGIM), Legal &amp; General Capital (LGC), and Retail segments. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers 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 assets.</p><h2>See Also</h2><ul><li>Five stocks we like better than Legal &amp; General Group</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9TEdFTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9TEdFTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Legal &amp; General Group Right Now?</h2><p>Before you consider Legal &amp; General Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Legal &amp; General Group wasn't on the list.</p><p>While Legal &amp; General Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LGEN

<p>Jefferies Financial Group has downgraded Legal & General Group (LON:LGEN) to an "underperform" rating with a target price of GBX 185, indicating a potential downside of 25.44%. Other analysts have mixed views, with Citigroup and Goldman Sachs maintaining "neutral" ratings and higher target prices. Legal & General's stock has seen a 12-month range between GBX 217.20 and GBX 279.50, and it recently reported an EPS of GBX 831. Insiders have been active, purchasing shares amid a share repurchase plan initiated by the company.</p>

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Legal & General Group Plc

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ROYAL BANK OF CANADA

CITIGROUP INC 6.250 NON CUM SER II PFD WI

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Jefferies Financial Group Downgrades Legal & General Group (LON:LGEN) to Underperform