Legal & General Group (LON:LGEN) Insider Ric Lewis Buys 851 Shares

Legal & General Group Plc (LON:LGEN) insider Ric Lewis acquired 851 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were acquired at an average price of GBX 267 per share, for a total transaction of £2,272.17.

Ric Lewis also recently made the following trade(s):

• On Monday, February 2nd, Ric Lewis bought 856 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 265 per share, with a total value of £2,268.40.
• On Friday, January 2nd, Ric Lewis acquired 868 shares of Legal & General Group stock. The shares were bought at an average price of GBX 261 per share, for a total transaction of £2,265.48.

Legal & General Group Price Performance

Shares of LGEN stock opened at GBX 260.20 on Thursday. The firm has a fifty day moving average of GBX 265.48 and a two-hundred day moving average of GBX 250.81. The firm has a market cap of £14.65 billion, a P/E ratio of 58.34, a P/E/G ratio of 2.34 and a beta of 0.82. Legal & General Group Plc has a 1-year low of GBX 206.80 and a 1-year high of GBX 279.50.

Legal & General Group (LON:LGEN) last issued its quarterly earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 EPS for the quarter. Legal & General Group had a net margin of 1.49% and a return on equity of 3.89%. On average, sell-side analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised their price objective on Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target 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.