Insider Buying: Legal & General Group (LON:LGEN) Insider Buys £2,264.32 in Stock

by · The Cerbat Gem

Legal & General Group Plc (LON:LGEN – Get Free Report) insider Ric Lewis bought 928 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was acquired at an average price of GBX 244 per share, for a total transaction of £2,264.32.

Legal & General Group Stock Up 0.7%

Shares of Legal & General Group stock opened at GBX 249.69 on Thursday. 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 1-year low of GBX 206.80 and a 1-year high of GBX 266.20. The business’s fifty day moving average price is GBX 239.78 and its two-hundred day moving average price is GBX 246.71. The company has a market capitalization of £14.06 billion, a P/E ratio of 55.98, a PEG ratio of 2.34 and a beta of 1.31.

Analyst Ratings Changes

Several research firms recently weighed in on LGEN. Berenberg Bank upped their price objective on shares of Legal & General Group from GBX 265 to GBX 289 and gave the stock a “buy” rating in a report on Friday, October 10th. Peel Hunt restated an “add” rating and set a GBX 255 price target on shares of Legal & General Group in a research report on Wednesday, October 15th. JPMorgan Chase & Co. lowered shares of Legal & General Group to a “neutral” rating and reduced their price target for the stock from GBX 290 to GBX 275 in a research note on Wednesday, August 13th. Finally, Royal Bank Of Canada raised their price objective on shares of Legal & General Group from GBX 200 to GBX 210 and gave the company an “underperform” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 257.25.

Get Our Latest Stock Analysis on Legal & General Group

About Legal & General Group

(Get Free Report)

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.

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