Legal & General Group (LON:LGEN) Insider Ric Lewis Buys 851 Shares

Legal & General Group Plc (LON:LGEN) insider Ric Lewis bought 851 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were acquired at an average cost of GBX 267 per share, with a total value of £2,272.17.

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

• On Monday, February 2nd, Ric Lewis purchased 856 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 265 per share, for a total transaction of £2,268.40.
• On Friday, January 2nd, Ric Lewis purchased 868 shares of Legal & General Group stock. The stock was bought at an average cost of GBX 261 per share, for a total transaction of £2,265.48.

Legal & General Group Stock Performance

Shares of LON:LGEN opened at GBX 260.84 on Friday. The company has a market capitalization of £14.69 billion, a PE ratio of 58.49, a price-to-earnings-growth ratio of 2.34 and a beta of 0.81. The stock has a fifty day moving average of GBX 265.54 and a 200-day moving average of GBX 250.88. Legal & General Group Plc has a one year low of GBX 206.80 and a one year high of GBX 279.50.

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 (EPS) for the quarter. Legal & General Group had a return on equity of 3.89% and a net margin of 1.49%. As a group, research analysts forecast that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upped their price objective 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 equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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.