Legal & General Group (LON:LGEN) Insider Acquires 986 Shares

Legal & General Group Plc (LON:LGEN) insider Mark Jordy acquired 986 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of GBX 267 per share, for a total transaction of £2,632.62.

Mark Jordy also recently made the following trade(s):

• On Monday, February 2nd, Mark Jordy bought 993 shares of Legal & General Group stock. The shares were bought at an average cost of GBX 265 per share, with a total value of £2,631.45.
• On Friday, January 2nd, Mark Jordy purchased 1,006 shares of Legal & General Group stock. The stock was bought at an average price of GBX 261 per share, for a total transaction of £2,625.66.

Legal & General Group Stock Up 0.1%

Shares of LGEN stock opened at GBX 260.20 on Thursday. Legal & General Group Plc has a 12-month low of GBX 206.80 and a 12-month high of GBX 279.50. The company has a market capitalization of £14.65 billion, a PE ratio of 58.34, a price-to-earnings-growth ratio of 2.34 and a beta of 0.82. The firm has a 50 day moving average price of GBX 265.48 and a two-hundred day moving average price of GBX 250.81.

Legal & General Group (LON:LGEN) last announced its earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share for the quarter. Legal & General Group had a return on equity of 3.89% and a net margin of 1.49%. As a group, research analysts expect that Legal & General Group Plc will post 24.2376446 EPS for the current year.

Wall Street Analyst Weigh In

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