Legal & General Group (LON:LGEN) Insider Purchases £1,645.36 in Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 628 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average price of GBX 262 per share, for a total transaction of £1,645.36.

John Kingman also recently made the following trade(s):

• On Monday, December 1st, John Kingman acquired 674 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 244 per share, with a total value of £1,644.56.
• On Monday, November 3rd, John Kingman bought 679 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 242 per share, for a total transaction of £1,643.18.

Legal & General Group Price Performance

Shares of LGEN opened at GBX 262.34 on Thursday. Legal & General Group Plc has a twelve month low of GBX 206.80 and a twelve month high of GBX 269.40. The stock’s 50 day moving average is GBX 248.47 and its two-hundred day moving average is GBX 247.69. The firm has a market capitalization of £14.77 billion, a PE ratio of 58.82, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18.

Legal & General Group (LON:LGEN) last released its quarterly earnings data on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. Research analysts anticipate that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on LGEN shares. Berenberg Bank raised their price objective on Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a report on Friday, October 10th. Royal Bank Of Canada increased their target price on Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a research report on Monday, November 3rd. Finally, Peel Hunt reissued an “add” rating and issued a GBX 255 price target on shares of Legal & General Group in a research note on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Legal & General Group presently has an average rating of “Hold” and an average target price of GBX 257.25.

About Legal & General Group

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & 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.