Legal & General Group (LON:LGEN) Insider Acquires £1,643 in Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 620 shares of Legal & General Group stock in a transaction dated Monday, February 2nd. The stock was bought at an average price of GBX 265 per share, with a total value of £1,643.

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

• On Friday, January 2nd, John Kingman bought 628 shares of Legal & General Group stock. The shares were bought at an average price of GBX 262 per share, for a total transaction of £1,645.36.
• On Monday, December 1st, John Kingman purchased 674 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 244 per share, with a total value of £1,644.56.

Legal & General Group Stock Performance

Shares of LGEN opened at GBX 273.90 on Friday. The business has a 50-day simple moving average of GBX 258.77 and a two-hundred day simple moving average of GBX 249.48. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18. Legal & General Group Plc has a 52 week low of GBX 206.80 and a 52 week high of GBX 274.40. The stock has a market cap of £15.42 billion, a price-to-earnings ratio of 61.41, a PEG ratio of 2.34 and a beta of 1.31.

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Peel Hunt reissued an “add” rating and issued a GBX 255 price objective on shares of Legal & General Group in a research note on Wednesday, October 15th. Royal Bank Of Canada upped their target price on shares of Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a report on Monday, November 3rd. Berenberg Bank raised their price target on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a report on Friday, October 10th. Finally, The Goldman Sachs Group boosted their price objective on Legal & General Group from GBX 249 to GBX 263 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Legal & General Group has a consensus rating of “Hold” and a consensus target price of GBX 258.40.

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.