Legal & General Group (LON:LGEN) Shares Break Above 200 Day Moving Average – Should You Sell?

Posted by Geri Gentry on Sep 24th, 2026

Shares of Legal & General Group Plc (LON:LGEN – Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 276.07 and traded as high as GBX 301.40. Legal & General Group shares last traded at GBX 299.36, with a volume of 15,981,780 shares.

Wall Street Analyst Weigh In

Several research firms recently commented on LGEN. Peel Hunt reaffirmed an “add” rating and set a GBX 320 price objective on shares of Legal & General Group in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 185 price objective on shares of Legal & General Group in a report on Wednesday, August 5th. JPMorgan Chase & Co. decreased their target price on Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating for the company in a research report on Thursday, August 13th. Royal Bank Of Canada restated an “underperform” rating and set a GBX 270 target price on shares of Legal & General Group in a research note on Wednesday, September 2nd. Finally, Citigroup downgraded shares of Legal & General Group to a “sell” rating and dropped their price target for the company from GBX 251 to GBX 245 in a report on Monday, August 10th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Legal & General Group currently has a consensus rating of “Reduce” and a consensus target price of GBX 276.86.

Read Our Latest Stock Analysis on Legal & General Group

Legal & General Group Stock Down 0.2%

The company has a fifty day simple moving average of GBX 296.58 and a 200-day simple moving average of GBX 276.57. The firm has a market cap of £15.95 billion, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 2.34 and a beta of 0.79.

Legal & General Group (LON:LGEN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share for the quarter. Legal & General Group had a return on equity of 27.28% and a net margin of 0.91%. As a group, research analysts forecast that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Insiders Place Their Bets

In other news, insider Mark Jordy purchased 3,683 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was acquired at an average cost of GBX 287 per share, for a total transaction of £10,570.21. Insiders have purchased a total of 11,056 shares of company stock worth $3,241,178 over the last quarter. 0.61% of the stock is owned by insiders.

About Legal & General Group

(Get Free Report)

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.