Henrietta Baldock Purchases 1,118 Shares of Legal & General Group Plc (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Henrietta Baldock bought 1,118 shares of Legal & General Group stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of GBX 221 ($2.81) per share, for a total transaction of £2,470.78 ($3,138.30).

Legal & General Group Stock Performance

Shares of Legal & General Group stock traded up GBX 2.20 ($0.03) on Monday, reaching GBX 223.50 ($2.84). 10,497,920 shares of the company were exchanged, compared to its average volume of 16,885,141. Legal & General Group Plc has a 1-year low of GBX 211.40 ($2.69) and a 1-year high of GBX 259 ($3.29). The firm has a market cap of £13.05 billion, a price-to-earnings ratio of 4,426.00, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 722.64, a quick ratio of 0.50 and a current ratio of 1.12. The company’s 50-day moving average is GBX 222.62 and its two-hundred day moving average is GBX 229.66.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada restated a “sector perform” rating and set a GBX 245 ($3.11) price objective on shares of Legal & General Group in a research note on Thursday, August 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 279 ($3.54).

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.