Key Points
- Insider Andrew Kail bought 75 Legal & General shares on November 2 at GBX 305 each, spending £228.75. This follows purchases of 76 shares in October and 77 in September.
- Analyst sentiment is mostly negative: the consensus rating is “Reduce,” with an average price target of GBX 276.86; four analysts rate the stock Sell and two rate it Buy.
- The shares opened at GBX 309.69, with a market capitalization of £16.63 billion and a 52-week range of GBX 217.20 to GBX 318.10.
Legal & General Group Plc (LON:LGEN - Get Free Report) insider Andrew Kail bought 75 shares of Legal & General Group stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average price of GBX 305 per share, for a total transaction of £228.75.
Andrew Kail also recently made the following trade(s):
- On Thursday, October 1st, Andrew Kail bought 76 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 288 per share, with a total value of £218.88.
- On Tuesday, September 1st, Andrew Kail purchased 77 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 289 per share, with a total value of £222.53.
Legal & General Group Stock Performance
Legal & General Group stock opened at GBX 309.69 on Thursday. The firm has a market cap of £16.63 billion, a price-to-earnings ratio of 8.64, a PEG ratio of 2.34 and a beta of 0.81. Legal & General Group Plc has a 52-week low of GBX 217.20 and a 52-week high of GBX 318.10. The firm has a 50 day moving average price of GBX 294.80 and a two-hundred day moving average price of GBX 277.60.
Legal & General Group (LON:LGEN - Get Free Report) last posted its quarterly earnings data 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%. As a group, equities research analysts predict that Legal & General Group Plc will post 24.24 EPS for the current fiscal year.
Analyst Ratings Changes
LGEN has been the topic of several recent analyst reports. Royal Bank Of Canada restated an "underperform" rating and issued a GBX 270 target price on shares of Legal & General Group in a report on Wednesday, September 2nd. JPMorgan Chase & Co. decreased their price target on Legal & General Group from GBX 285 to GBX 270 and set an "underweight" rating for the company in a report on Thursday, August 13th. Jefferies Financial Group reissued an "underperform" rating and issued a GBX 185 price objective on shares of Legal & General Group in a research report on Wednesday, August 5th. Berenberg Bank boosted their price objective on Legal & General Group from GBX 353 to GBX 385 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Citigroup downgraded Legal & General Group to a "sell" rating and dropped their price objective for the company from GBX 251 to GBX 245 in a research note on Monday, August 10th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Legal & General Group has a consensus rating of "Reduce" and an average target price of GBX 276.86.
Read Our Latest Analysis on LGEN
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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