Insider Buying: Legal & General Group (LON:LGEN) Insider Purchases 628 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 628 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was acquired at an average cost of GBX 262 per share, for a total transaction of £1,645.36.

John Kingman also recently made the following trade(s):

• On Monday, December 1st, John Kingman purchased 674 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 244 per share, with a total value of £1,644.56.
• On Monday, November 3rd, John Kingman purchased 679 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 242 per share, with a total value of £1,643.18.

Legal & General Group Stock Up 0.2%

LON LGEN opened at GBX 262.40 on Monday. Legal & General Group Plc has a 1-year low of GBX 206.80 and a 1-year high of GBX 266.20. The company has a market capitalization of £14.77 billion, a price-to-earnings ratio of 58.83, a PEG ratio of 2.34 and a beta of 1.31. The stock’s 50 day moving average is GBX 247.12 and its two-hundred day moving average is GBX 247.42. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18.

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LGEN. Royal Bank Of Canada boosted their target price on shares of Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research note on Monday, November 3rd. Peel Hunt restated an “add” rating and issued a GBX 255 price target on shares of Legal & General Group in a research report on Wednesday, October 15th. Finally, Berenberg Bank upped their price objective on shares of Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a research note on Friday, October 10th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Legal & General Group 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.