Insider Buying: Legal & General Group (LON:LGEN) Insider Purchases £197.62 in Stock

Legal & General Group Plc (LON:LGEN) insider Jeff Davies purchased 82 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were acquired at an average price of GBX 241 per share, for a total transaction of £197.62.

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

• On Wednesday, October 1st, Jeff Davies acquired 83 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 236 per share, with a total value of £195.88.
• On Monday, September 1st, Jeff Davies bought 80 shares of Legal & General Group stock. The shares were bought at an average price of GBX 246 per share, for a total transaction of £196.80.
• On Tuesday, August 12th, Jeff Davies sold 186,737 shares of Legal & General Group stock. The shares were sold at an average price of GBX 260, for a total value of £485,516.20.

Legal & General Group Price Performance

LON:LGEN opened at GBX 241.50 on Friday. Legal & General Group Plc has a one year low of GBX 206.80 and a one year high of GBX 266.20. The stock has a market cap of £13.60 billion, a PE ratio of 54.15, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 155.18, a quick ratio of 0.50 and a current ratio of 1.50. The stock has a 50 day moving average price of GBX 238.39 and a 200 day moving average price of GBX 246.47.

Legal & General Group (LON:LGEN) last issued its 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%. Equities research analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LGEN shares. Royal Bank Of Canada boosted their price target on shares of Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research report on Monday. JPMorgan Chase & Co. lowered shares of Legal & General Group to a “neutral” rating and decreased their target price for the company from GBX 290 to GBX 275 in a report on Wednesday, August 13th. Berenberg Bank increased their price target on shares of Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a research note on Friday, October 10th. Finally, Peel Hunt restated an “add” rating and set a GBX 255 price target on shares of Legal & General Group in a report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.