Legal & General Group Plc (LON:LGEN – Get Free Report) insider Mark Jordy bought 3,468 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were acquired at an average price of GBX 305 per share, with a total value of £10,577.40.
Mark Jordy also recently made the following trade(s):
- On Thursday, October 1st, Mark Jordy bought 3,671 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 288 per share, for a total transaction of £10,572.48.
- On Tuesday, September 1st, Mark Jordy bought 3,651 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 290 per share, for a total transaction of £10,587.90.
Legal & General Group Stock Performance
Shares of LON LGEN opened at GBX 309.86 on Friday. The business’s 50 day moving average price is GBX 295.19 and its 200-day moving average price is GBX 277.82. Legal & General Group Plc has a fifty-two week low of GBX 217.20 and a fifty-two week high of GBX 318.10. The company has a market cap of £16.64 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 2.34 and a beta of 0.81.
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 (EPS) for the quarter. Legal & General Group had a return on equity of 27.28% and a net margin of 0.91%. Sell-side analysts predict that Legal & General Group Plc will post 24.24 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on LGEN. Berenberg Bank boosted their target price on shares of Legal & General Group from GBX 353 to GBX 385 and gave the company a “buy” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. reduced their price target on shares of Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating on the stock in a research note on Thursday, August 13th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 185 price objective on shares of Legal & General Group in a report on Wednesday, August 5th. Citigroup cut shares of Legal & General Group to a “sell” rating and lowered their price objective for the company from GBX 251 to GBX 245 in a research report on Monday, August 10th. Finally, Peel Hunt restated an “add” rating and issued a GBX 320 target price on shares of Legal & General Group in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of GBX 276.86.
View Our Latest Report on Legal & General Group
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.
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