Insider Buying: Legal & General Group Plc (LON:LGEN) Insider Purchases £1,646.80 in Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman acquired 716 shares of the stock in a transaction on Thursday, January 2nd. The shares were bought at an average cost of GBX 230 ($2.86) per share, for a total transaction of £1,646.80 ($2,045.71).

John Kingman also recently made the following trade(s):

• On Friday, November 1st, John Kingman purchased 756 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 218 ($2.71) per share, for a total transaction of £1,648.08 ($2,047.30).

Legal & General Group Stock Down 0.4 %

LGEN opened at GBX 229 ($2.84) on Friday. The company has a debt-to-equity ratio of 722.64, a quick ratio of 0.50 and a current ratio of 1.12. The business’s fifty day moving average is GBX 224.32 and its two-hundred day moving average is GBX 226.22. Legal & General Group Plc has a one year low of GBX 211.40 ($2.63) and a one year high of GBX 259 ($3.22). The company has a market cap of £13.37 billion, a price-to-earnings ratio of 4,580.00, a PEG ratio of 2.34 and a beta of 1.31.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LGEN shares. Berenberg Bank restated a “buy” rating and set a GBX 265 ($3.29) price objective on shares of Legal & General Group in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “top pick” rating on shares of Legal & General Group in a research report on Friday, December 6th. Finally, JPMorgan Chase & Co. upped their price target on Legal & General Group from GBX 290 ($3.60) to GBX 295 ($3.66) and gave the stock an “overweight” rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 276.67 ($3.44).

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.