Insider Buying: Legal & General Group Plc (LGEN) Insider Purchases 950 Shares of Stock
Legal & General Group Plc (LON:LGEN) insider Toby Strauss purchased 950 shares of the stock in a transaction dated Friday, December 1st. The stock was acquired at an average cost of GBX 264 ($3.54) per share, with a total value of £2,508 ($3,358.78).
Shares of Legal & General Group Plc (LON LGEN) traded down GBX 4.20 ($0.06) on Friday, reaching GBX 263 ($3.52). 17,803,304 shares of the company’s stock traded hands, compared to its average volume of 12,360,000. Legal & General Group Plc has a 12 month low of GBX 231.60 ($3.10) and a 12 month high of GBX 279.90 ($3.75).
A number of equities research analysts recently commented on LGEN shares. Shore Capital reissued a “buy” rating on shares of Legal & General Group in a research report on Wednesday, August 9th. Barclays reissued an “overweight” rating on shares of Legal & General Group in a research report on Thursday, August 10th. Societe Generale reissued a “hold” rating and set a GBX 250 ($3.35) target price on shares of Legal & General Group in a research report on Thursday, August 10th. Macquarie increased their target price on shares of Legal & General Group from GBX 201 ($2.69) to GBX 218 ($2.92) and gave the company an “underperform” rating in a research report on Thursday, August 10th. Finally, restated a “buy” rating and set a GBX 290 ($3.88) price target on shares of Legal & General Group in a research note on Wednesday, August 23rd. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 259.39 ($3.47).
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Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).
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