Insider Buying: Legal & General Group (LON:LGEN) Insider Purchases 851 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Ric Lewis purchased 851 shares of Legal & General Group stock in a transaction dated Monday, March 2nd. The shares were purchased at an average cost of GBX 267 per share, with a total value of £2,272.17.

Ric Lewis also recently made the following trade(s):

• On Monday, February 2nd, Ric Lewis acquired 856 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 265 per share, for a total transaction of £2,268.40.
• On Friday, January 2nd, Ric Lewis acquired 868 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 261 per share, for a total transaction of £2,265.48.

Legal & General Group Trading Up 0.1%

Shares of LON LGEN opened at GBX 260.20 on Thursday. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 279.50. The stock has a 50 day simple moving average of GBX 265.48 and a 200-day simple moving average of GBX 250.81. The company has a market cap of £14.65 billion, a PE ratio of 58.34, a P/E/G ratio of 2.34 and a beta of 0.82.

Legal & General Group (LON:LGEN) last released its quarterly earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 3.89% and a net margin of 1.49%. Sell-side analysts forecast that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group increased their price objective on shares of Legal & General Group from GBX 249 to GBX 263 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 258.40.

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. 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.