Legal & General Group (LON:LGEN) Insider Andrew Kail Buys 77 Shares of Stock

Key Points

• Insider buying: Andrew Kail purchased 77 Legal & General shares at GBX 289 each, worth £222.53, following similar purchases in July and August.
• Stock and earnings: LGEN opened at GBX 287.10, with a £15.68 billion market capitalization. The company reported quarterly EPS of GBX 8.01, while analysts expect full-year EPS of about 24.24 pence.
• Mixed analyst outlook: Broker views remain divided, ranging from Berenberg’s “buy” rating and GBX 385 target to several “sell” or “underweight” ratings. MarketBeat reports a consensus “Reduce” rating and average target of GBX 276.86.

Legal & General Group Plc (LON:LGEN - Get Free Report) insider Andrew Kail purchased 77 shares of the stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average cost of GBX 289 per share, for a total transaction of £222.53.

Andrew Kail also recently made the following trade(s):

• On Monday, August 3rd, Andrew Kail purchased 73 shares of Legal & General Group stock. The stock was bought at an average price of GBX 302 per share, with a total value of £220.46.
• On Thursday, July 2nd, Andrew Kail acquired 78 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 287 per share, with a total value of £223.86.

Legal & General Group Stock Down 0.1%

LGEN opened at GBX 287.10 on Thursday. The stock has a market capitalization of £15.68 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 2.34 and a beta of 0.80. The firm has a 50 day moving average price of GBX 295.26 and a 200-day moving average price of GBX 273.60. Legal & General Group Plc has a twelve month low of GBX 217.20 and a twelve month high of GBX 318.10.

Legal & General Group (LON:LGEN - Get Free Report) last issued its earnings results on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share (EPS) for the quarter. Legal & General Group had a net margin of 0.91% and a return on equity of 27.28%. As a group, analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on LGEN. Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 185 price objective on shares of Legal & General Group in a report on Wednesday, August 5th. Berenberg Bank raised their target price on Legal & General Group from GBX 353 to GBX 385 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Citigroup downgraded Legal & General Group to a "sell" rating and cut their price target for the company from GBX 251 to GBX 245 in a research note on Monday, August 10th. JPMorgan Chase & Co. reduced their price target on shares of Legal & General Group from GBX 285 to GBX 270 and set an "underweight" rating for the company in a research report on Thursday, August 13th. Finally, Peel Hunt reaffirmed an "add" rating and set a GBX 320 price target on shares of Legal & General Group in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of GBX 276.86.

Key Legal & General Group News

Here are the key news stories impacting Legal & General Group this week:

• Positive Sentiment: Legal & General CFO purchased shares through the company’s employee plan. The transaction may provide a modest confidence signal from management, although the purchase size was not disclosed. Legal & General CFO Purchases Shares Under Employee Plan
• Positive Sentiment: Non-executive director Mark Jordy acquired 3,651 shares at GBX 290, worth approximately £10,588. His repeated purchases in July, August and September could be viewed as a positive signal about the company’s long-term prospects. Legal & General Group Insider Acquires 3,651 Shares
• Positive Sentiment: Legal & General cancelled 20.7 million shares repurchased under its ongoing buyback programme. Cancelling the shares reduces the share count and can support per-share earnings and shareholder returns.
• Neutral Sentiment: The company admitted 101,517 new shares to the London listing through its Sharesave plan. The issuance supports employee participation but creates a small amount of dilution, largely offset by the broader buyback programme.
• Negative Sentiment: Royal Bank of Canada reaffirmed its “underperform” rating and set a GBX 270 target, below the recent trading level. The call reinforces broader valuation concerns, with Legal & General carrying a consensus “Reduce” rating and an average target of GBX 276.86.
• Negative Sentiment: A recent broker review questioned whether the shares are overbought near their highs. While Berenberg remains bullish with a GBX 385 target, JPMorgan, Jefferies and RBC maintain cautious or negative views, creating a divided analyst outlook.

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.

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