John Kingman Buys 628 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 628 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average cost of GBX 262 per share, for a total transaction of £1,645.36.

John Kingman also recently made the following trade(s):

• On Monday, December 1st, John Kingman bought 674 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 244 per share, with a total value of £1,644.56.
• On Monday, November 3rd, John Kingman purchased 679 shares of Legal & General Group stock. The shares were bought at an average price of GBX 242 per share, for a total transaction of £1,643.18.

Legal & General Group Trading Up 0.2%

LON:LGEN opened at GBX 262.40 on Monday. The company’s 50 day moving average is GBX 247.12 and its 200-day moving average is GBX 247.42. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18. Legal & General Group Plc has a 12 month low of GBX 206.80 and a 12 month high of GBX 266.20. The firm has a market cap of £14.77 billion, a price-to-earnings ratio of 58.83, 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 (EPS) for the quarter. Legal & General Group had a net margin of 0.67% and a return on equity of 7.79%. Equities analysts anticipate that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Analyst Ratings Changes

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