Insider Buying: Legal & General Group (LON:LGEN) Insider Purchases £1,639.38 in Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 614 shares of Legal & General Group stock in a transaction on Monday, March 2nd. The shares were purchased at an average cost of GBX 267 per share, for a total transaction of £1,639.38.

John Kingman also recently made the following trade(s):

• On Monday, February 2nd, John Kingman bought 620 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 265 per share, with a total value of £1,643.
• On Friday, January 2nd, John Kingman purchased 628 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 262 per share, with a total value of £1,645.36.

Legal & General Group Trading Down 0.1%

LGEN stock opened at GBX 257.73 on Friday. The firm has a market cap of £14.51 billion, a P/E ratio of 57.79, a P/E/G ratio of 2.34 and a beta of 0.81. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 279.50. The stock’s 50 day simple moving average is GBX 265.54 and its 200 day simple moving average is GBX 250.82.

Legal & General Group (LON:LGEN) last announced its quarterly earnings data 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 3.89% and a net margin of 1.49%. On average, research analysts forecast that Legal & General Group Plc will post 24.2376446 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised their price target on shares of Legal & General Group from GBX 249 to GBX 263 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 258.40.

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. 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.