Key Points
- John Kingman, an insider, bought 614 shares of Legal & General on March 2 at GBX 267 (≈£1,639), adding to prior purchases of 620 shares on Feb 2 and 628 shares on Jan 2, indicating three consecutive monthly insider buys.
- Legal & General shares recently opened at GBX 260.84, with a market cap of £14.69 billion, a P/E of 58.49, 50‑day/200‑day moving averages of GBX 265.54/250.88, and a 52‑week range of GBX 206.80–279.50.
- Analysts maintain a consensus "Hold" rating with a consensus price target of GBX 258.40, while Goldman Sachs raised its target from GBX 249 to GBX 263 and kept a "neutral" rating.
Legal & General Group Plc (LON:LGEN - Get Free Report) insider John Kingman bought 614 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were purchased at an average price 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 purchased 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 acquired 628 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 262 per share, with a total value of £1,645.36.
Legal & General Group Price Performance
Legal & General Group stock opened at GBX 260.84 on Friday. The firm has a market capitalization of £14.69 billion, a PE ratio of 58.49, a P/E/G ratio of 2.34 and a beta of 0.81. The company's 50-day moving average is GBX 265.54 and its 200-day moving average is GBX 250.88. Legal & General Group Plc has a fifty-two week low of GBX 206.80 and a fifty-two week high of GBX 279.50.
Legal & General Group (LON:LGEN - Get Free Report) last issued its earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a net margin of 1.49% and a return on equity of 3.89%. As a group, analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group lifted their target price on Legal & General Group from GBX 249 to GBX 263 and gave the stock a "neutral" rating in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Legal & General Group currently has a consensus rating of "Hold" and a consensus price target of GBX 258.40.
Get Our Latest Report on Legal & General Group
Legal & General Group Company Profile
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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.
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