Insider Buying: Legal & General Group Plc (LON:LGEN) Insider Buys 756 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman purchased 756 shares of Legal & General Group stock in a transaction that occurred on Friday, November 1st. The stock was acquired at an average price of GBX 218 ($2.84) per share, with a total value of £1,648.08 ($2,145.38).

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

• On Tuesday, October 1st, John Kingman acquired 726 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 226 ($2.94) per share, for a total transaction of £1,640.76 ($2,135.85).

Legal & General Group Trading Up 0.2 %

LON LGEN opened at GBX 220.50 ($2.87) on Wednesday. The company has a quick ratio of 0.50, a current ratio of 1.12 and a debt-to-equity ratio of 722.64. The stock has a market capitalization of £12.88 billion, a P/E ratio of 4,410.00, a P/E/G ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 52-week low of GBX 211.40 ($2.75) and a 52-week high of GBX 259 ($3.37). The firm has a 50-day moving average price of GBX 224.49 and a 200 day moving average price of GBX 232.20.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on LGEN shares. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 245 ($3.19) target price on shares of Legal & General Group in a research note on Thursday, August 15th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 285 ($3.71) price objective on shares of Legal & General Group in a research report on Wednesday, July 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 279 ($3.63).

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.