Legal & General Group (LON:LGEN) Insider Andrew Kail Acquires 91 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail acquired 91 shares of the company’s stock in a transaction on Monday, December 1st. The shares were bought at an average price of GBX 245 per share, for a total transaction of £222.95.

Legal & General Group Stock Up 1.2%

Legal & General Group stock traded up GBX 2.95 during midday trading on Tuesday, hitting GBX 247.35. 12,423,371 shares of the stock were exchanged, compared to its average volume of 19,938,572. Legal & General Group Plc has a 52-week low of GBX 206.80 and a 52-week high of GBX 266.20. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18. The business’s 50-day moving average price is GBX 239.33 and its 200-day moving average price is GBX 246.65. The stock has a market capitalization of £13.93 billion, a price-to-earnings ratio of 55.46, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

Wall Street Analyst Weigh In

LGEN has been the subject of several research analyst reports. Peel Hunt reaffirmed an “add” rating and set a GBX 255 target price on shares of Legal & General Group in a research report on Wednesday, October 15th. JPMorgan Chase & Co. cut shares of Legal & General Group to a “neutral” rating and lowered their price objective for the company from GBX 290 to GBX 275 in a research 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 report on Friday, October 10th. Finally, Royal Bank Of Canada upped their price objective on shares of Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.