Legal & General Group Plc (LON:LGEN) Insider John Kingman Buys 716 Shares

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 716 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was bought at an average cost of GBX 230 ($2.88) per share, for a total transaction of £1,646.80 ($2,060.56).

John Kingman also recently made the following trade(s):

• On Friday, November 1st, John Kingman purchased 756 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 218 ($2.73) per share, with a total value of £1,648.08 ($2,062.16).

Legal & General Group Price Performance

Shares of LON LGEN traded up GBX 0.18 ($0.00) during mid-day trading on Thursday, reaching GBX 229.98 ($2.88). 9,326,776 shares of the company traded hands, compared to its average volume of 16,697,049. Legal & General Group Plc has a fifty-two week low of GBX 211.40 ($2.65) and a fifty-two week high of GBX 259 ($3.24). The firm has a market cap of £13.43 billion, a PE ratio of 4,599.64, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. The stock has a fifty day simple moving average of GBX 224.16 and a 200-day simple moving average of GBX 226.33. The company has a debt-to-equity ratio of 722.64, a current ratio of 1.12 and a quick ratio of 0.50.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LGEN. Berenberg Bank reissued a “buy” rating and set a GBX 265 ($3.32) target price on shares of Legal & General Group in a research note on Thursday, December 5th. JPMorgan Chase & Co. increased their price objective on Legal & General Group from GBX 290 ($3.63) to GBX 295 ($3.69) and gave the stock an “overweight” rating in a report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Legal & General Group in a research note on Friday, December 6th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 276.67 ($3.46).

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.