Ric Lewis Acquires 928 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Ric Lewis purchased 928 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was acquired at an average price of GBX 244 per share, for a total transaction of £2,264.32.

Legal & General Group Stock Performance

Legal & General Group stock traded down GBX 0.40 during midday trading on Monday, hitting GBX 246.50. The company’s stock had a trading volume of 941,946,313 shares, compared to its average volume of 23,956,172. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50. The company has a market cap of £13.88 billion, a price-to-earnings ratio of 55.27, a PEG ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 1-year low of GBX 206.80 and a 1-year high of GBX 266.20. The company has a 50-day moving average price of GBX 239.20 and a two-hundred day moving average price of GBX 246.62.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Peel Hunt reiterated an “add” rating and issued a GBX 255 price target on shares of Legal & General Group in a research note on Wednesday, October 15th. JPMorgan Chase & Co. cut Legal & General Group to a “neutral” rating and dropped their price objective for the company from GBX 290 to GBX 275 in a report on Wednesday, August 13th. Berenberg Bank upped their target price on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a research report on Friday, October 10th. Finally, Royal Bank Of Canada raised their price target on Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus 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.