Legal & General Group (LON:LGEN) Insider Mark Jordy Acquires 993 Shares

Legal & General Group Plc (LON:LGEN) insider Mark Jordy purchased 993 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average cost of GBX 265 per share, for a total transaction of £2,631.45.

Mark Jordy also recently made the following trade(s):

• On Friday, January 2nd, Mark Jordy acquired 1,006 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 261 per share, with a total value of £2,625.66.
• On Monday, December 1st, Mark Jordy purchased 1,076 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 244 per share, with a total value of £2,625.44.

Legal & General Group Price Performance

LGEN stock traded up GBX 2.50 during mid-day trading on Monday, reaching GBX 267.60. 19,770,502 shares of the company’s stock were exchanged, compared to its average volume of 17,501,410. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 269.40. The stock’s 50 day moving average is GBX 257.06 and its 200 day moving average is GBX 249.05. The company has a market cap of £15.07 billion, a price-to-earnings ratio of 60.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN) last announced its 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 7.79% and a net margin of 0.67%. On average, research analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a research report on Monday, November 3rd. Berenberg Bank increased their target price on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a report on Friday, October 10th. Peel Hunt restated an “add” rating and issued a GBX 255 target price on shares of Legal & General Group in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group lifted their price target on Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 258.40.

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. 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.