Key Points
- Insider buying: Andrew Kail purchased 77 Legal & General Group shares at GBX 289 each, worth £222.53. He also bought shares in July and August, bringing his recent purchases to 228 shares.
- Stock performance: LGEN opened at GBX 289.65, with a 52-week range of GBX 217.20 to GBX 318.10 and a market capitalization of approximately £15.82 billion.
- Analyst outlook: The stock has a consensus “Reduce” rating and an average price target of GBX 276.86, with two Buy, one Hold, and four Sell ratings.
Legal & General Group Plc (LON:LGEN - Get Free Report) insider Andrew Kail acquired 77 shares of Legal & General Group stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average cost of GBX 289 per share, with a total value of £222.53.
Andrew Kail also recently made the following trade(s):
- On Monday, August 3rd, Andrew Kail bought 73 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 302 per share, with a total value of £220.46.
- On Thursday, July 2nd, Andrew Kail purchased 78 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 287 per share, with a total value of £223.86.
Legal & General Group Price Performance
Shares of LGEN opened at GBX 289.65 on Friday. Legal & General Group Plc has a 1 year low of GBX 217.20 and a 1 year high of GBX 318.10. The company has a 50 day simple moving average of GBX 295.31 and a two-hundred day simple moving average of GBX 273.75. The firm has a market cap of £15.82 billion, a P/E ratio of 29.74, a price-to-earnings-growth ratio of 2.34 and a beta of 0.80.
Legal & General Group (LON:LGEN - Get Free Report) last released its earnings results on Wednesday, August 5th. The financial services provider reported GBX 8.01 EPS for the quarter. Legal & General Group had a net margin of 0.91% and a return on equity of 27.28%. On average, sell-side analysts anticipate that Legal & General Group Plc will post 24.2376446 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Peel Hunt reissued an "add" rating and set a GBX 320 price target on shares of Legal & General Group in a research note on Tuesday, August 4th. Berenberg Bank increased their price objective on shares of Legal & General Group from GBX 353 to GBX 385 and gave the company a "buy" rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. dropped their price objective on shares of Legal & General Group from GBX 285 to GBX 270 and set an "underweight" rating for the company in a research note on Thursday, August 13th. Jefferies Financial Group restated an "underperform" rating and issued a GBX 185 target price on shares of Legal & General Group in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 270 target price on shares of Legal & General Group in a report on Wednesday. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus price target of GBX 276.86.
Read Our Latest Research 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. 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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