Insider Buying: Legal & General Group (LON:LGEN) Insider Purchases 938 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery purchased 938 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was acquired at an average price of GBX 267 per share, with a total value of £2,504.46.

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

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

Legal & General Group Trading Up 0.1%

Shares of LGEN opened at GBX 260.20 on Thursday. The business’s 50 day moving average is GBX 265.48 and its 200 day moving average is GBX 250.81. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 279.50. The company has a market capitalization of £14.65 billion, a PE ratio of 58.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.82.

Legal & General Group (LON:LGEN) last posted its quarterly 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 return on equity of 3.89% and a net margin of 1.49%. Equities research analysts predict that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Analysts Set New Price Targets

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

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.