Legal & General Group (LON:LGEN) Insider Andrew Kail Purchases 76 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail bought 76 shares of Legal & General Group stock in a transaction on Thursday, October 1st. The shares were acquired at an average cost of GBX 288 per share, with a total value of £218.88.

Andrew Kail also recently made the following trade(s):

• On Tuesday, September 1st, Andrew Kail purchased 77 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 289 per share, for a total transaction of £222.53.
• On Monday, August 3rd, Andrew Kail acquired 73 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 302 per share, with a total value of £220.46.

Legal & General Group Price Performance

Shares of LON:LGEN traded up GBX 0.64 during midday trading on Friday, hitting GBX 286.24. The company had a trading volume of 12,647,029 shares, compared to its average volume of 37,351,254. The company has a market cap of £15.53 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 2.34 and a beta of 0.79. Legal & General Group Plc has a 12-month low of GBX 217.20 and a 12-month high of GBX 318.10. The company has a fifty day moving average of GBX 296.19 and a two-hundred day moving average of GBX 278.20.

Legal & General Group (LON:LGEN) last released its earnings results on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share for the quarter. Legal & General Group had a return on equity of 27.28% and a net margin of 0.91%. Research analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LGEN. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 185 price objective on shares of Legal & General Group in a research report on Wednesday, August 5th. Berenberg Bank raised their target price on shares of Legal & General Group from GBX 353 to GBX 385 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Citigroup downgraded shares of Legal & General Group to a “sell” rating and lowered their price target for the company from GBX 251 to GBX 245 in a report on Monday, August 10th. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 270 price target on shares of Legal & General Group in a research report on Wednesday, September 2nd. Finally, Peel Hunt restated an “add” rating and set a GBX 320 price objective on shares of Legal & General Group in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Legal & General Group currently has an average rating of “Reduce” and a consensus price target of GBX 276.86.

Legal & General Group Company Profile

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.