Legal & General Group (LON:LGEN) Insider Buys £222.53 in Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail bought 77 shares of Legal & General Group stock in a transaction that occurred on Tuesday, September 1st. The shares were acquired at an average price of GBX 289 per share, for a total transaction of £222.53.

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

• On Monday, August 3rd, Andrew Kail purchased 73 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 302 per share, for a total transaction of £220.46.
• On Thursday, July 2nd, Andrew Kail purchased 78 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 287 per share, with a total value of £223.86.

Legal & General Group Price Performance

LON LGEN opened at GBX 294.07 on Friday. 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 market cap of £16.06 billion, a P/E ratio of 30.19, a P/E/G ratio of 2.34 and a beta of 0.80. The company has a 50-day moving average of GBX 295.46 and a 200-day moving average of GBX 273.89.

Legal & General Group (LON:LGEN) last issued its quarterly 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 net margin of 0.91% and a return on equity of 27.28%. As a group, equities research analysts anticipate that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on LGEN shares. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 185 price target on shares of Legal & General Group in a research note on Wednesday, August 5th. JPMorgan Chase & Co. dropped their price objective on Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating on the stock in a research note on Thursday, August 13th. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 270 price objective on shares of Legal & General Group in a report on Wednesday. Berenberg Bank raised their target price on Legal & General Group from GBX 353 to GBX 385 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Citigroup cut Legal & General Group to a “sell” rating and decreased their target price for the company from GBX 251 to GBX 245 in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of GBX 276.86.

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.