Legal & General Group (LON:LGEN) Insider Buys £2,496.76 in Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery acquired 1,036 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were bought at an average cost of GBX 241 per share, with a total value of £2,496.76.

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

• On Monday, September 1st, Laura Wade-Gery purchased 1,013 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 247 per share, with a total value of £2,502.11.

Legal & General Group Stock Performance

Shares of LGEN stock opened at GBX 241.70 on Thursday. The stock has a fifty day moving average of GBX 238.63 and a 200 day moving average of GBX 246.51. Legal & General Group Plc has a 52 week low of GBX 206.80 and a 52 week high of GBX 266.20. The firm has a market capitalization of £13.61 billion, a price-to-earnings ratio of 54.19, a PEG ratio of 2.34 and a beta of 1.31. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18.

Legal & General Group (LON:LGEN) last announced its quarterly earnings data on Wednesday, August 6th. The financial services provider reported GBX 4.48 EPS for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. As a group, research analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Analysts Set New Price Targets

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