Legal & General Group (LON:LGEN) Insider Mark Jordy Acquires 1,050 Shares

Legal & General Group Plc (LON:LGEN) insider Mark Jordy bought 1,050 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were bought at an average cost of GBX 241 per share, for a total transaction of £2,530.50.

Mark Jordy also recently made the following trade(s):

• On Monday, November 3rd, Mark Jordy acquired 940 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 241 per share, with a total value of £2,265.40.
• On Monday, September 1st, Mark Jordy acquired 1,027 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 247 per share, with a total value of £2,536.69.

Legal & General Group Stock Up 1.5%

Legal & General Group stock traded up GBX 3.60 during midday trading on Monday, reaching GBX 241.40. The stock had a trading volume of 14,109,912 shares, compared to its average volume of 20,089,994. Legal & General Group Plc has a 12 month low of GBX 206.80 and a 12 month high of GBX 266.20. The company has a market capitalization of £13.59 billion, a P/E ratio of 54.13, a PEG ratio of 2.34 and a beta of 1.31. The company has a fifty day moving average price of GBX 239.49 and a two-hundred day moving average price of GBX 246.64. 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 (LON:LGEN) last released its quarterly earnings results on Wednesday, August 6th. The financial services provider reported GBX 4.48 earnings per share (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, equities analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LGEN has been the topic of a number of recent analyst reports. Berenberg Bank lifted their target price on Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. downgraded Legal & General Group to a “neutral” rating and dropped their target price for the stock from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. Peel Hunt reaffirmed an “add” rating and issued 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 report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Legal & General Group presently has an average rating of “Moderate Buy” and an average price target of GBX 257.25.

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.