Insider Buying: Legal & General Group (LON:LGEN) Insider Buys 1,105 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Ric Lewis bought 1,105 shares of the business’s stock in a transaction dated Monday, September 1st. The shares were bought at an average price of GBX 247 per share, with a total value of £2,729.35.

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

• On Friday, August 1st, Ric Lewis acquired 1,030 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 256 per share, with a total value of £2,636.80.

Legal & General Group Price Performance

Shares of Legal & General Group stock opened at GBX 234.60 on Thursday. Legal & General Group Plc has a twelve month low of GBX 206.80 and a twelve month high of GBX 266.20. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18. The company has a 50-day simple moving average of GBX 254.50 and a two-hundred day simple moving average of GBX 246.93. The stock has a market capitalization of £13.25 billion, a price-to-earnings ratio of 8,202.80, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN) last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported GBX 4.48 earnings per share for the quarter. Legal & General Group had a net margin of 0.67% and a return on equity of 7.79%. Analysts forecast that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Wall Street Analysts Forecast Growth

LGEN has been the subject of several analyst reports. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 200 price objective on shares of Legal & General Group in a research note on Tuesday. JPMorgan Chase & Co. cut shares of Legal & General Group to a “neutral” rating and dropped their price objective for the stock from GBX 290 to GBX 275 in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Legal & General Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 246.67.

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.