Laura Wade-Gery Purchases 938 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery bought 938 shares of Legal & General Group stock in a transaction dated Monday, March 2nd. The stock was acquired at an average cost of GBX 267 per share, for a total transaction of £2,504.46.

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

• On Monday, February 2nd, Laura Wade-Gery purchased 944 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 265 per share, with a total value of £2,501.60.
• On Friday, January 2nd, Laura Wade-Gery acquired 957 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 261 per share, for a total transaction of £2,497.77.

Legal & General Group Stock Performance

Shares of LGEN stock opened at GBX 257.73 on Friday. The firm’s 50 day moving average price is GBX 265.54 and its two-hundred day moving average price is GBX 250.87. Legal & General Group Plc has a 52-week low of GBX 206.80 and a 52-week high of GBX 279.50. The stock has a market cap of £14.51 billion, a PE ratio of 57.79, a PEG ratio of 2.34 and a beta of 0.81.

Legal & General Group (LON:LGEN) last issued its earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 EPS for the quarter. Legal & General Group had a net margin of 1.49% and a return on equity of 3.89%. As a group, sell-side analysts predict that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group boosted their target price on Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Legal & General Group has an average rating of “Hold” and an average target price of GBX 258.40.

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.