Key Points
- Insider purchase: Jeff Davies acquired 81 shares on Dec 1 at GBX 245 and has made similar purchases on Oct 1 (83 shares at GBX 236) and Nov 3 (82 shares at GBX 241), indicating repeated insider buying.
- Analyst and market context: LON:LGEN trades around GBX 247 with a market cap of £13.93 billion, a consensus rating of "Moderate Buy" and an average price target of GBX 257.25.
Legal & General Group Plc (LON:LGEN - Get Free Report) insider Jeff Davies acquired 81 shares of the business's stock in a transaction on Monday, December 1st. The shares were bought at an average price of GBX 245 per share, with a total value of £198.45.
Jeff Davies also recently made the following trade(s):
- On Monday, November 3rd, Jeff Davies bought 82 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 241 per share, for a total transaction of £197.62.
- On Wednesday, October 1st, Jeff Davies bought 83 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 236 per share, for a total transaction of £195.88.
Legal & General Group Stock Performance
LON:LGEN opened at GBX 247.35 on Wednesday. The stock has a 50 day simple moving average of GBX 239.53 and a 200 day simple moving average of GBX 246.69. The stock has a market cap of £13.93 billion, a P/E ratio of 55.46, a PEG ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 1-year low of GBX 206.80 and a 1-year high of GBX 266.20. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18.
Wall Street Analyst Weigh In
LGEN has been the subject of a number of research reports. Berenberg Bank lifted their target price on Legal & General Group from GBX 265 to GBX 289 and gave the stock a "buy" rating in a report on Friday, October 10th. JPMorgan Chase & Co. lowered shares of Legal & General Group to a "neutral" rating and lowered their price target for the stock from GBX 290 to GBX 275 in a research report on Wednesday, August 13th. Royal Bank Of Canada lifted their price objective on shares of Legal & General Group from GBX 200 to GBX 210 and gave the stock an "underperform" rating in a research note on Monday, November 3rd. Finally, Peel Hunt restated an "add" rating and set a GBX 255 target price on shares of Legal & General Group in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 257.25.
View Our Latest Report on Legal & General Group
Legal & General Group Company Profile
(
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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