Legal & General Group (LON:LGEN) Insider Mark Jordy Buys 3,494 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Mark Jordy bought 3,494 shares of the stock in a transaction on Monday, August 3rd. The shares were bought at an average price of GBX 303 per share, for a total transaction of £10,586.82.

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

• On Wednesday, July 1st, Mark Jordy purchased 3,683 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 287 per share, with a total value of £10,570.21.
• On Monday, June 1st, Mark Jordy purchased 980 shares of Legal & General Group stock. The stock was bought at an average cost of GBX 268 per share, with a total value of £2,626.40.

Legal & General Group Price Performance

Shares of LON:LGEN traded up GBX 2.33 on Monday, hitting GBX 302.73. The company had a trading volume of 13,709,886 shares, compared to its average volume of 35,550,219. The company has a current ratio of 59.08, a quick ratio of 0.50 and a debt-to-equity ratio of 1,100.04. The company has a market cap of £16.57 billion, a PE ratio of 31.08, a PEG ratio of 2.34 and a beta of 0.79. Legal & General Group Plc has a 52-week low of GBX 217.20 and a 52-week high of GBX 310. The business has a 50 day moving average of GBX 285.22 and a 200 day moving average of GBX 268.33.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LGEN shares. Berenberg Bank reiterated a “buy” rating and set a GBX 308 price target on shares of Legal & General Group in a report on Friday, May 1st. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 255 price objective on shares of Legal & General Group in a research note on Wednesday, July 29th. Citigroup raised their target price on shares of Legal & General Group from GBX 249 to GBX 251 and gave the stock a “neutral” rating in a research report on Tuesday, June 9th. Finally, Jefferies Financial Group downgraded Legal & General Group to an “underperform” rating and set a GBX 185 price target for the company. in a report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Legal & General Group currently has an average rating of “Hold” and a consensus price target of GBX 256.

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.