Legal & General Group (LON:LGEN) Insider Laura Wade-Gery Purchases 1,013 Shares

Key Points

• Insider Activity: Laura Wade-Gery, an insider at Legal & General Group, purchased 1,013 shares at GBX 247 each, totaling approximately £2,502.11 on September 1st.
• Stock Performance: The company's shares have decreased by 1.1%, trading at GBX 245.38, with a 52-week high of GBX 266.20 and a low of GBX 206.80.
• Analyst Ratings: Legal & General Group has a consensus rating of "Moderate Buy," with target price adjustments from various brokerages, including a downgrade to £200 from Royal Bank of Canada.

Legal & General Group Plc (LON:LGEN - Get Free Report) insider Laura Wade-Gery bought 1,013 shares of the firm's stock in a transaction dated Monday, September 1st. The stock was acquired at an average cost of GBX 247 per share, with a total value of £2,502.11.

Laura Wade-Gery also recently made the following trade(s):

• On Friday, August 1st, Laura Wade-Gery acquired 973 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 256 per share, with a total value of £2,490.88.
• On Thursday, June 5th, Laura Wade-Gery acquired 2,471 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 256 per share, with a total value of £6,325.76.

Legal & General Group Stock Down 1.1%

Shares of LON:LGEN traded down GBX 2.67 during midday trading on Monday, hitting GBX 245.38. 12,417,447 shares of the stock were exchanged, compared to its average volume of 20,256,457. Legal & General Group Plc has a 52-week low of GBX 206.80 and a 52-week high of GBX 266.20. The business's fifty day simple moving average is GBX 255.32 and its two-hundred day simple moving average is GBX 247.06. The company has a debt-to-equity ratio of 155.18, a quick ratio of 0.50 and a current ratio of 1.50. The company has a market capitalization of £13.86 billion, a PE ratio of 8,579.69, a P/E/G ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN - Get Free Report) last posted its 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%. As a group, research analysts predict that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LGEN. Royal Bank Of Canada decreased their target price on Legal & General Group from GBX 220 to GBX 200 and set an "underperform" rating on the stock in a research report on Tuesday, August 12th. JPMorgan Chase & Co. downgraded Legal & General Group to a "neutral" rating and decreased their target price for the stock from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Legal & General Group currently has an average rating of "Moderate Buy" and a consensus price target of GBX 246.67.

About Legal & General Group

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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