Insider Buying: Legal & General Group (LON:LGEN) Insider Buys 957 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery bought 957 shares of Legal & General Group stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average cost of GBX 261 per share, with a total value of £2,497.77.

Laura Wade-Gery also recently made the following trade(s):

• On Monday, December 1st, Laura Wade-Gery purchased 1,024 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 244 per share, for a total transaction of £2,498.56.
• On Monday, November 3rd, Laura Wade-Gery purchased 1,036 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 241 per share, with a total value of £2,496.76.

Legal & General Group Stock Performance

Shares of LON LGEN opened at GBX 262.40 on Monday. The firm has a fifty day moving average price of GBX 247.12 and a 200-day moving average price of GBX 247.42. 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 stock has a market cap of £14.77 billion, a PE ratio of 58.83, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 1 year low of GBX 206.80 and a 1 year high of GBX 266.20.

Legal & General Group (LON:LGEN) last released its earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share for the quarter. Legal & General Group had a net margin of 0.67% and a return on equity of 7.79%. Equities analysts anticipate that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LGEN has been the subject of a number of recent analyst reports. Peel Hunt reaffirmed an “add” rating and issued a GBX 255 price objective on shares of Legal & General Group in a research note on Wednesday, October 15th. Berenberg Bank lifted their target price on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a research note on Friday, October 10th. Finally, Royal Bank Of Canada upped their price target on Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a research note on Monday, November 3rd. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 257.25.

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.