Shares of Legal & General Group Plc (LON:LGEN – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 279 ($3.64).
A number of analysts have recently commented on LGEN shares. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 245 ($3.20) price target on shares of Legal & General Group in a research report on Thursday, August 15th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 285 ($3.72) price target on shares of Legal & General Group in a research report on Wednesday, July 17th.
View Our Latest Stock Analysis on Legal & General Group
Legal & General Group Stock Performance
Legal & General Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, August 22nd were given a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 2.77%. The ex-dividend date was Thursday, August 22nd. Legal & General Group’s payout ratio is 42,000.00%.
Insider Activity
In other Legal & General Group news, insider John Kingman acquired 726 shares of the business’s stock in a transaction dated Tuesday, October 1st. The stock was purchased at an average price of GBX 226 ($2.95) per share, with a total value of £1,640.76 ($2,142.54). In other news, insider Ric Lewis bought 1,182 shares of the company’s stock in a transaction that occurred on Monday, September 2nd. The stock was bought at an average price of GBX 223 ($2.91) per share, with a total value of £2,635.86 ($3,441.97). Also, insider John Kingman acquired 726 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were bought at an average cost of GBX 226 ($2.95) per share, with a total value of £1,640.76 ($2,142.54). Insiders acquired a total of 2,966 shares of company stock valued at $671,002 in the last 90 days. Company insiders own 0.88% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Legal & General Group
- What is the Nasdaq? Complete Overview with History
- Survey Reveals: America’s Most Coveted Businesses in 2024
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Top 3 Stocks to Play Oil’s Potential Comeback Rally
- The Basics of Support and Resistance
- Analysts See Growth in CrowdStrike Stock Despite July Setback
Receive News & Ratings for Legal & General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group and related companies with MarketBeat.com's FREE daily email newsletter.