Jeff Davies Acquires 81 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Jeff Davies purchased 81 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average cost of GBX 245 per share, with a total value of £198.45.

Jeff Davies also recently made the following trade(s):

• On Monday, November 3rd, Jeff Davies acquired 82 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 241 per share, for a total transaction of £197.62.
• On Wednesday, October 1st, Jeff Davies bought 83 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 236 per share, with a total value of £195.88.

Legal & General Group Stock Performance

Shares of LGEN stock opened at GBX 249.69 on Thursday. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50. The firm has a 50-day moving average of GBX 239.78 and a 200-day moving average of GBX 246.71. Legal & General Group Plc has a one year low of GBX 206.80 and a one year high of GBX 266.20. The company has a market cap of £14.06 billion, a P/E ratio of 55.98, a P/E/G ratio of 2.34 and a beta of 1.31.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Peel Hunt reiterated an “add” rating and issued a GBX 255 price objective on shares of Legal & General Group in a research note on Wednesday, October 15th. JPMorgan Chase & Co. lowered Legal & General Group to a “neutral” rating and reduced their target price for the company from GBX 290 to GBX 275 in a report on Wednesday, August 13th. Royal Bank Of Canada increased their price target on Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research report on Monday, November 3rd. Finally, Berenberg Bank boosted their price objective on Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 257.25.

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.