Legal & General Group (LON:LGEN) Insider Ric Lewis Acquires 868 Shares

Legal & General Group Plc (LON:LGEN) insider Ric Lewis bought 868 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were acquired at an average price of GBX 261 per share, with a total value of £2,265.48.

Ric Lewis also recently made the following trade(s):

• On Monday, December 1st, Ric Lewis purchased 928 shares of Legal & General Group stock. The stock was bought at an average price of GBX 244 per share, for a total transaction of £2,264.32.

Legal & General Group Stock Up 0.2%

LGEN opened at GBX 262.40 on Monday. Legal & General Group Plc has a 52 week low of GBX 206.80 and a 52 week high of GBX 266.20. The business has a 50 day moving average price of GBX 247.12 and a two-hundred day moving average price of 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. The company has a market cap of £14.77 billion, a PE ratio of 58.83, a P/E/G ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN) last announced its earnings results 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 anticipate that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Wall Street Analyst Weigh In

LGEN has been the subject of a number of analyst reports. Peel Hunt restated an “add” rating and set a GBX 255 price objective on shares of Legal & General Group in a research report on Wednesday, October 15th. Royal Bank Of Canada lifted their target price 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. Finally, Berenberg Bank increased their price target on shares of Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a report on Friday, October 10th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Legal & General Group presently has a consensus rating of “Hold” 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. 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.