Legal & General Group (LON:LGEN) Insider Purchases £195.88 in Stock

Legal & General Group Plc (LON:LGEN) insider Jeff Davies purchased 83 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was purchased at an average price of GBX 236 per share, for a total transaction of £195.88.

Jeff Davies also recently made the following trade(s):

• On Monday, September 1st, Jeff Davies purchased 80 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 246 per share, with a total value of £196.80.
• On Tuesday, August 12th, Jeff Davies sold 186,737 shares of Legal & General Group stock. The stock was sold at an average price of GBX 260, for a total transaction of £485,516.20.
• On Friday, August 1st, Jeff Davies bought 76 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 255 per share, with a total value of £193.80.

Legal & General Group Stock Down 0.2%

Shares of LGEN stock opened at GBX 235.97 on Friday. 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 Plc has a 12 month low of GBX 206.80 and a 12 month high of GBX 266.20. The stock has a market cap of £13.28 billion, a P/E ratio of 5,290.87, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a 50 day simple moving average of GBX 247.24 and a two-hundred day simple moving average of GBX 246.10.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. cut 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. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 200 price target on shares of Legal & General Group in a report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 246.67.

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.