LEGAL & GENERAL GROUP ORD 2 with EPIC code (LON:LGEN) have now 14 analysts covering the company. The target price ranges between £3.32 and £2.25 and has a mean target at £2.89. Now with the previous closing price of £2.58 this is indicating there is a potential upside of 12.1%. There is a 50 day moving average of £2.77 and the 200 moving average now moves to £2.73. The market cap 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 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.
