Insider Buying: Legal & General Group Plc (LON:LGEN) Insider Purchases 716 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 716 shares of Legal & General Group stock in a transaction on Thursday, January 2nd. The shares were purchased 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 acquired 756 shares of Legal & General Group stock. The stock was 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 Price Performance

Shares of LGEN opened at GBX 229 ($2.84) on Friday. The business’s 50-day moving average is GBX 224.32 and its 200-day moving average is GBX 226.22. The company has a debt-to-equity ratio of 722.64, a current ratio of 1.12 and a quick ratio of 0.50. The company has a market capitalization of £13.37 billion, a price-to-earnings ratio of 4,580.00, a P/E/G ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a fifty-two week low of GBX 211.40 ($2.63) and a fifty-two week high of GBX 259 ($3.22).

Analysts Set New Price Targets

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

About Legal & General Group

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.