Legal General Group PLC (LON:LGEN) Investors: Deutsche Bank Reconfirms Hold Rating, Sees GBX 305.00/Share; Essent Group LTD (ESNT) Sentiment Is 1.75

Equity analysts at Deutsche Bank have GBX 305.00 PT on Legal General Group PLC (LON:LGEN). Deutsche Bank’s PT indicates a potential upside of 19.28% from the company’s previous stock close. The rating was revealed in a report on 6 February.

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company has market cap of $4.42 billion. The firm also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It has a 15.05 P/E ratio. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.

Among 24 analysts covering Legal General Group PLC (LON:LGEN), 12 have Buy rating, 7 Sell and 5 Hold. Therefore 50% are positive. Legal General Group PLC has GBX 325 highest and GBX 180 lowest target. GBX 261.32’s average target is 2.32% above currents GBX 255.4 stock price. Legal General Group PLC had 216 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Legal & General Group Plc (LON:LGEN) has “Buy” rating given on Tuesday, November 14 by Shore Capital. The firm has “Outperform” rating given on Tuesday, January 5 by Bernstein. The stock of Legal & General Group Plc (LON:LGEN) earned “Underweight” rating by JP Morgan on Monday, October 3. The firm has “Hold” rating given on Friday, September 8 by Deutsche Bank. The firm earned “Outperform” rating on Wednesday, September 14 by RBC Capital Markets. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, October 20. Jefferies maintained Legal & General Group Plc (LON:LGEN) on Monday, September 11 with “Hold” rating. The stock has “Sell” rating by Societe Generale on Monday, December 7. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 7. As per Thursday, August 6, the company rating was maintained by Berenberg.

Legal & General Group Plc provides various insurance services and products worldwide. The company has market cap of 15.16 billion GBP. It operates through Legal & General Retirement , Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings, and General Insurance (GI) divisions. It has a 9.9 P/E ratio. The LGR segment provides annuity contracts with guaranteed income for a specified time; longevity insurance products for firm pension schemes; and lifetime mortgages.

The stock decreased 3.51% or GBX 9.3 during the last trading session, reaching GBX 255.4. About 12.44M shares traded. Legal & General Group Plc (LON:LGEN) has 0.00% since February 6, 2017 and is . It has underperformed by 16.70% the S&P500.

Ratings analysis reveals 50% of Essent Group’s analysts are positive. Out of 2 Wall Street analysts rating Essent Group, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. ESNT was included in 2 notes of analysts from September 28, 2016. On Wednesday, September 28 the stock rating was downgraded by Bank of America to “Neutral”. The firm earned “Buy” rating on Friday, January 20 by Deutsche Bank.

Since January 1, 0001, it had 0 insider buys, and 7 sales for $1.04 million activity.

Pine Brook Road Advisors Lp holds 57.76% of its portfolio in Essent Group Ltd. for 4.61 million shares. New Vernon Investment Management Llc owns 57,605 shares or 2.59% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.7% invested in the company for 529,050 shares. The Pennsylvania-based Riggs Asset Managment Co. Inc. has invested 1.06% in the stock. South Texas Money Management Ltd, a Texas-based fund reported 493,656 shares.

Analysts await Essent Group Ltd. (NYSE:ESNT) to report earnings on February, 9. They expect $0.78 earnings per share, up 14.71% or $0.10 from last year’s $0.68 per share. ESNT’s profit will be $76.78 million for 14.38 P/E if the $0.78 EPS becomes a reality. After $0.82 actual earnings per share reported by Essent Group Ltd. for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

The stock decreased 4.23% or $1.98 during the last trading session, reaching $44.85. About 747,830 shares traded or 0.08% up from the average. Essent Group Ltd. (ESNT) has risen 81.69% since February 6, 2017 and is uptrending. It has outperformed by 64.99% the S&P500.