Legal & General Group (LON:LGEN) Insider Buys £2,504.46 in Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery purchased 938 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average cost 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 shares were bought at an average cost of GBX 265 per share, for a total transaction of £2,501.60.
• On Friday, January 2nd, Laura Wade-Gery acquired 957 shares of Legal & General Group stock. The shares were bought at an average price of GBX 261 per share, for a total transaction of £2,497.77.

Legal & General Group Price Performance

LON:LGEN opened at GBX 260.20 on Thursday. The firm has a market capitalization of £14.65 billion, a price-to-earnings ratio of 58.34, a PEG ratio of 2.34 and a beta of 0.82. The business has a 50 day simple moving average of GBX 265.48 and a 200-day simple moving average of GBX 250.81. Legal & General Group Plc has a 1 year low of GBX 206.80 and a 1 year high of GBX 279.50.

Legal & General Group (LON:LGEN) last released 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%. As a group, analysts expect 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 raised their price objective on shares of Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus 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.