Bank of America Increases Rating on Legal & General Company Stock and Raises Target Price

Thursday, 13 June 2024, 05:38

In a recent report, Bank of America has upgraded its recommendation on Legal & General stock to buy and raised the price target to GBP2.75. This upgrade signifies the bank's positive outlook on the company's performance and growth potential in the market. Investors may consider this new rating as a signal of confidence in Legal & General's future prospects.
Investing.com
Bank of America Increases Rating on Legal & General Company Stock and Raises Target Price

Bank of America Raises Legal & General Stock Rating

In a recent development, Bank of America has upgraded its rating on Legal & General stock from hold to buy.

Target Price Increased to GBP2.75

The bank has also raised the price target for Legal & General stock to GBP2.75, indicating a potential upside in the stock's value.

  • Positive Signal: Bank of America's upgrade reflects optimism in Legal & General's growth prospects.
  • Investor Consideration: The revised rating may influence investor confidence in the company.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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