Legal & General Group (LON:LGEN) Insider Andrew Kail Acquires 77 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail acquired 77 shares of Legal & General Group stock in a transaction dated Tuesday, September 1st. The shares were bought at an average price of GBX 289 per share, for a total transaction of £222.53.

Andrew Kail also recently made the following trade(s):

• On Monday, August 3rd, Andrew Kail bought 73 shares of Legal & General Group stock. The shares were bought at an average price of GBX 302 per share, with a total value of £220.46.
• On Thursday, July 2nd, Andrew Kail bought 78 shares of Legal & General Group stock. The shares were bought at an average price of GBX 287 per share, with a total value of £223.86.

Legal & General Group Stock Performance

LGEN opened at GBX 287.10 on Thursday. The stock has a market capitalization of £15.68 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 2.34 and a beta of 0.80. The company has a fifty day moving average of GBX 295.26 and a 200 day moving average of GBX 273.60. Legal & General Group Plc has a fifty-two week low of GBX 217.20 and a fifty-two week high of GBX 318.10.

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

Analysts Set New Price Targets

A number of brokerages recently commented on LGEN. Peel Hunt reissued an “add” rating and set a GBX 320 price target on shares of Legal & General Group in a research note on Tuesday, August 4th. Citigroup downgraded Legal & General Group to a “sell” rating and reduced their price objective for the stock from GBX 251 to GBX 245 in a research note on Monday, August 10th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 270 price objective on shares of Legal & General Group in a report on Wednesday. JPMorgan Chase & Co. decreased their price objective on Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating on the stock in a report on Thursday, August 13th. Finally, Berenberg Bank increased their target price on Legal & General Group from GBX 353 to GBX 385 and gave the company a “buy” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Legal & General Group currently has a consensus rating of “Reduce” and an average price target of GBX 276.86.

Legal & General Group News Roundup

Here are the key news stories impacting Legal & General Group this week:

• Positive Sentiment: Legal & General CFO purchased shares through the company’s employee plan. The transaction may provide a modest confidence signal from management, although the purchase size was not disclosed. Legal & General CFO Purchases Shares Under Employee Plan
• Positive Sentiment: Non-executive director Mark Jordy acquired 3,651 shares at GBX 290, worth approximately £10,588. His repeated purchases in July, August and September could be viewed as a positive signal about the company’s long-term prospects. Legal & General Group Insider Acquires 3,651 Shares
• Positive Sentiment: Legal & General cancelled 20.7 million shares repurchased under its ongoing buyback programme. Cancelling the shares reduces the share count and can support per-share earnings and shareholder returns.
• Neutral Sentiment: The company admitted 101,517 new shares to the London listing through its Sharesave plan. The issuance supports employee participation but creates a small amount of dilution, largely offset by the broader buyback programme.
• Negative Sentiment: Royal Bank of Canada reaffirmed its “underperform” rating and set a GBX 270 target, below the recent trading level. The call reinforces broader valuation concerns, with Legal & General carrying a consensus “Reduce” rating and an average target of GBX 276.86.
• Negative Sentiment: A recent broker review questioned whether the shares are overbought near their highs. While Berenberg remains bullish with a GBX 385 target, JPMorgan, Jefferies and RBC maintain cautious or negative views, creating a divided analyst outlook.

Legal & General Group Company Profile

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.