Insider Buying: Legal & General Group (LON:LGEN) Insider Acquires £224.40 in Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail bought 85 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were bought at an average cost of GBX 264 per share, with a total value of £224.40.

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

• On Monday, December 1st, Andrew Kail purchased 91 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 245 per share, for a total transaction of £222.95.

Legal & General Group Price Performance

LON:LGEN opened at GBX 262.34 on Thursday. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50. Legal & General Group Plc has a one year low of GBX 206.80 and a one year high of GBX 269.40. The company has a fifty day moving average price of GBX 248.47 and a 200 day moving average price of GBX 247.69. The stock has a market cap of £14.77 billion, a P/E ratio of 58.82, a PEG ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN) last posted its quarterly earnings data on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a net margin of 0.67% and a return on equity of 7.79%. Analysts anticipate that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Peel Hunt reissued an “add” rating and issued a GBX 255 target price on shares of Legal & General Group in a research note on Wednesday, October 15th. Berenberg Bank lifted their price objective on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a report on Friday, October 10th. Finally, Royal Bank Of Canada upped their price objective on Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Legal & General Group has an average rating of “Hold” and a consensus price target of GBX 257.25.

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.