Legal & General Group (LON:LGEN) Insider Jeff Davies Acquires 83 Shares

Legal & General Group Plc (LON:LGEN) insider Jeff Davies acquired 83 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were bought at an average cost of GBX 236 per share, with a total value of £195.88.

Jeff Davies also recently made the following trade(s):

• On Monday, September 1st, Jeff Davies bought 80 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 246 per share, for a total transaction of £196.80.
• On Tuesday, August 12th, Jeff Davies sold 186,737 shares of Legal & General Group stock. The shares were sold at an average price of GBX 260, for a total transaction of £485,516.20.
• On Friday, August 1st, Jeff Davies bought 76 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 255 per share, for a total transaction of £193.80.

Legal & General Group Stock Up 0.2%

Shares of LON LGEN opened at GBX 236.28 on Friday. The firm’s 50-day moving average price is GBX 247.65 and its 200-day moving average price is GBX 246.19. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18. The stock has a market capitalization of £13.30 billion, a price-to-earnings ratio of 5,297.83, a P/E/G ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 266.20.

Legal & General Group (LON:LGEN) last announced its earnings results on Wednesday, August 6th. The financial services provider reported GBX 4.48 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%. On average, equities research analysts anticipate that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LGEN has been the topic of several recent research reports. JPMorgan Chase & Co. cut shares of Legal & General Group to a “neutral” rating and decreased their target price for the company from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. Royal Bank Of Canada restated an “underperform” rating and set a GBX 200 target price on shares of Legal & General Group in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 246.67.

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.