Legal & General Group (LON:LGEN) Insider Andrew Kail Buys 75 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Andrew Kail bought 75 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were bought at an average cost of GBX 305 per share, for a total transaction of £228.75.

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

• On Thursday, October 1st, Andrew Kail purchased 76 shares of Legal & General Group stock. The shares were bought at an average price of GBX 288 per share, with a total value of £218.88.
• On Tuesday, September 1st, Andrew Kail purchased 77 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 289 per share, with a total value of £222.53.

Legal & General Group Stock Performance

Shares of LGEN opened at GBX 309.69 on Thursday. Legal & General Group Plc has a 52 week low of GBX 217.20 and a 52 week high of GBX 318.10. The stock has a market capitalization of £16.63 billion, a price-to-earnings ratio of 8.64, a PEG ratio of 2.34 and a beta of 0.81. The stock has a fifty day moving average of GBX 294.80 and a 200-day moving average of GBX 277.60.

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 for the quarter. Legal & General Group had a return on equity of 27.28% and a net margin of 0.91%. As a group, equities analysts forecast that Legal & General Group Plc will post 24.24 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on LGEN shares. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 270 target price on shares of Legal & General Group in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. reduced their price target on Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating on the stock in a report on Thursday, August 13th. Citigroup cut Legal & General Group to a “sell” rating and reduced their price target for the stock from GBX 251 to GBX 245 in a report on Monday, August 10th. Berenberg Bank upped their price objective on Legal & General Group from GBX 353 to GBX 385 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 185 price objective on shares of Legal & General Group in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Legal & General Group has a consensus rating of “Reduce” and an average price target of GBX 276.86.

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.