Legal & General Group (LON:LGEN) Insider Mark Jordy Acquires 986 Shares

Legal & General Group Plc (LON:LGEN) insider Mark Jordy bought 986 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was purchased at an average price of GBX 267 per share, with a total value of £2,632.62.

Mark Jordy also recently made the following trade(s):

• On Monday, February 2nd, Mark Jordy acquired 993 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 265 per share, with a total value of £2,631.45.
• On Friday, January 2nd, Mark Jordy bought 1,006 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 261 per share, with a total value of £2,625.66.

Legal & General Group Stock Performance

Shares of LGEN stock opened at GBX 260.84 on Friday. Legal & General Group Plc has a fifty-two week low of GBX 206.80 and a fifty-two week high of GBX 279.50. The stock’s fifty day moving average price is GBX 265.54 and its two-hundred day moving average price is GBX 250.88. The company has a market cap of £14.69 billion, a PE ratio of 58.49, a P/E/G ratio of 2.34 and a beta of 0.81.

Legal & General Group (LON:LGEN) last posted its quarterly earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 EPS for the quarter. Legal & General Group had a return on equity of 3.89% and a net margin of 1.49%. On average, equities analysts predict that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised 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 note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Legal & General Group has a consensus rating of “Hold” and a consensus target price of GBX 258.40.

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.