Laura Wade-Gery Purchases 944 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery acquired 944 shares of Legal & General Group stock in a transaction dated Monday, February 2nd. The shares were purchased at an average price of GBX 265 per share, with a total value of £2,501.60.

Laura Wade-Gery also recently made the following trade(s):

• On Friday, January 2nd, Laura Wade-Gery bought 957 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 261 per share, for a total transaction of £2,497.77.
• On Monday, December 1st, Laura Wade-Gery purchased 1,024 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 244 per share, with a total value of £2,498.56.

Legal & General Group Stock Performance

LGEN traded up GBX 2.50 during trading on Monday, hitting GBX 267.60. The stock had a trading volume of 19,770,502 shares, compared to its average volume of 17,501,410. 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 50 day moving average price of GBX 257.06 and a 200-day moving average price of GBX 249.05. Legal & General Group Plc has a one year low of GBX 206.80 and a one year high of GBX 269.40. The firm has a market cap of £15.07 billion, a price-to-earnings ratio of 60.00, a P/E/G 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 for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. As a group, research analysts predict that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on LGEN. Royal Bank Of Canada boosted their price objective on shares of Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a report on Monday, November 3rd. The Goldman Sachs Group lifted their price target on shares of Legal & General Group from GBX 249 to GBX 263 and gave the company a “neutral” rating in a research report on Wednesday, January 21st. Berenberg Bank increased their price target on Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, Peel Hunt restated an “add” rating and set a GBX 255 price objective on shares of Legal & General Group in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 258.40.

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.