Insider Buying: Legal & General Group (LON:LGEN) Insider Buys 83 Shares of Stock

Key Points

• Insider Jeff Davies purchased 83 shares of Legal & General Group at an average price of GBX 236 per share, totaling £195.88 on October 1st.
• The stock reached a trading price of GBX 236.28 with a 52-week high of GBX 266.20 and a low of GBX 206.80, indicating some volatility.
• Analysts currently have an average rating of "Moderate Buy" for Legal & General Group, with a consensus price target of GBX 246.67.

Legal & General Group Plc (LON:LGEN - Get Free Report) insider Jeff Davies bought 83 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were acquired at an average price of GBX 236 per share, for a total transaction of £195.88.

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

• On Monday, September 1st, Jeff Davies purchased 80 shares of Legal & General Group stock. The shares were purchased 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 value of £485,516.20.
• On Friday, August 1st, Jeff Davies bought 76 shares of Legal & General Group stock. The stock was bought at an average price of GBX 255 per share, for a total transaction of £193.80.

Legal & General Group Stock Performance

Shares of LGEN traded up GBX 0.38 during mid-day trading on Thursday, reaching GBX 236.28. The company had a trading volume of 19,428,924 shares, compared to its average volume of 19,894,994. Legal & General Group Plc has a 52-week low of GBX 206.80 and a 52-week high of GBX 266.20. 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 stock has a market capitalization of £13.30 billion, a P/E ratio of 5,297.83, a PEG ratio of 2.34 and a beta of 1.31. The stock has a 50 day moving average of GBX 248.07 and a two-hundred day moving average of GBX 246.25.

Legal & General Group (LON:LGEN - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The financial services provider reported GBX 4.48 earnings per share for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. On average, analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada restated an "underperform" rating and issued a GBX 200 price target on shares of Legal & General Group in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. lowered Legal & General Group to a "neutral" rating and lowered their price target for the stock from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Legal & General Group presently has an average rating of "Moderate Buy" and a consensus 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.

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