Andrew Kail Purchases 77 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail acquired 77 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was purchased at an average price of GBX 289 per share, with a total value of £222.53.

Andrew Kail also recently made the following trade(s):

• On Monday, August 3rd, Andrew Kail bought 73 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 302 per share, for a total transaction of £220.46.
• On Thursday, July 2nd, Andrew Kail bought 78 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 287 per share, for a total transaction of £223.86.

Legal & General Group Stock Performance

LON LGEN opened at GBX 294.07 on Friday. Legal & General Group Plc has a one year low of GBX 217.20 and a one year high of GBX 318.10. The company has a market capitalization of £16.06 billion, a price-to-earnings ratio of 30.19, a price-to-earnings-growth ratio of 2.34 and a beta of 0.80. The company’s 50-day simple moving average is GBX 295.46 and its two-hundred day simple moving average is GBX 273.89.

Legal & General Group (LON:LGEN) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share (EPS) for the quarter. Legal & General Group had a net margin of 0.91% and a return on equity of 27.28%. Equities analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 270 price objective on shares of Legal & General Group in a research report on Wednesday. JPMorgan Chase & Co. reduced their target price on shares of Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating for the company in a report on Thursday, August 13th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 185 price target on shares of Legal & General Group in a research report on Wednesday, August 5th. Peel Hunt restated an “add” rating and issued a GBX 320 price target on shares of Legal & General Group in a report on Tuesday, August 4th. Finally, Citigroup downgraded shares of Legal & General Group to a “sell” rating and cut their price objective for the stock from GBX 251 to GBX 245 in a research report on Monday, August 10th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of GBX 276.86.

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.