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Legal & General Group (LON:LGEN) Stock: Insider Andrew Kail Purchases 75 Shares

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Key Points

  • Insider Andrew Kail bought 75 Legal & General shares at GBX 305 each on November 2, worth £228.75. He also purchased 76 shares in October and 77 in September.
  • Analysts have a mixed-to-negative outlook: the consensus rating is “Reduce”, with a GBX 276.86 target price; four analysts rate the stock Sell, one Hold, and two Buy.
  • Legal & General shares opened at GBX 306.20, within a 52-week range of GBX 217.20–318.10. The company reported quarterly EPS of GBX 8.01, and analysts forecast full-year EPS of GBX 24.24.
  • Five stocks to consider instead of Legal & General Group.

Legal & General Group Plc (LON:LGEN - Get Free Report) insider Andrew Kail bought 75 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was acquired at an average cost of GBX 305 per share, for a total transaction of £228.75.

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

  • On Thursday, October 1st, Andrew Kail acquired 76 shares of Legal & General Group stock. The stock was bought at an average price of GBX 288 per share, with a total value of £218.88.
  • On Tuesday, September 1st, Andrew Kail acquired 77 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 289 per share, with a total value of £222.53.

Legal & General Group Stock Performance

Shares of LGEN stock opened at GBX 306.20 on Wednesday. Legal & General Group Plc has a 52-week low of GBX 217.20 and a 52-week high of GBX 318.10. The stock has a market cap of £16.44 billion, a PE ratio of 8.54, a PEG ratio of 2.34 and a beta of 0.81. The firm's 50 day moving average price is GBX 294.42 and its two-hundred day moving average price is GBX 277.38.

Legal & General Group (LON:LGEN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 27.28% and a net margin of 0.91%. As a group, sell-side analysts predict that Legal & General Group Plc will post 24.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Legal & General Group from GBX 285 to GBX 270 and set an "underweight" rating on the stock in a research note on Thursday, August 13th. Citigroup downgraded Legal & General Group to a "sell" rating and lowered their price objective for the stock from GBX 251 to GBX 245 in a research note on Monday, August 10th. Peel Hunt reissued an "add" rating and set a GBX 320 target price on shares of Legal & General Group in a research report on Tuesday, August 4th. Royal Bank Of Canada restated an "underperform" rating and set a GBX 270 price objective on shares of Legal & General Group in a report on Wednesday, September 2nd. Finally, Berenberg Bank upped their price objective on Legal & General Group from GBX 353 to GBX 385 and gave the company a "buy" rating in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of GBX 276.86.

Read Our Latest Research Report on LGEN

Legal & General Group Company Profile

(Get Free Report)

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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