Shares of Legal & General Group Plc (LON:LGEN - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 2.57 ($0.03) and last traded at GBX 258.16 ($3.49), with a volume of 199737016 shares traded. The stock had previously closed at GBX 258.70 ($3.50).
Analyst Upgrades and Downgrades
A number of analysts recently commented on LGEN shares. JPMorgan Chase & Co. lowered Legal & General Group to a "neutral" rating and lowered their price objective for the stock from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. Royal Bank Of Canada decreased their target price on Legal & General Group from GBX 220 to GBX 200 and set an "underperform" rating for the company in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 246.67.
Check Out Our Latest Stock Report on LGEN
Legal & General Group Price Performance
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 50-day moving average price of GBX 255.45 and a 200-day moving average price of GBX 246.74. The company has a market capitalization of £15.03 billion, a price-to-earnings ratio of 47.35, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.
Legal & General Group (LON:LGEN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported GBX 4.48 earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. On average, equities research analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.
Insiders Place Their Bets
In other Legal & General Group news, insider John Kingman acquired 10,121 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The stock was acquired at an average cost of GBX 256 per share, for a total transaction of £25,909.76. Also, insider Clare Bousfield acquired 1,241 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The stock was acquired at an average price of GBX 251 per share, with a total value of £3,114.91. Insiders acquired 32,240 shares of company stock worth $8,241,637 in the last three months. 0.88% of the stock is owned by corporate insiders.
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.
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