Insider Buying: Legal & General Group Plc (LON:LGEN) Insider Purchases £1,645.11 in Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman purchased 677 shares of the stock in a transaction on Friday, February 28th. The shares were purchased at an average price of GBX 243 ($3.13) per share, for a total transaction of £1,645.11 ($2,120.53).

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

• On Thursday, January 2nd, John Kingman acquired 716 shares of Legal & General Group stock. The shares were purchased at an average price of GBX 230 ($2.96) per share, for a total transaction of £1,646.80 ($2,122.71).

Legal & General Group Stock Up 1.9 %

Shares of Legal & General Group stock opened at GBX 246.10 ($3.17) on Thursday. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 155.18. Legal & General Group Plc has a 12-month low of GBX 211.40 ($2.72) and a 12-month high of GBX 266.20 ($3.43). The company has a market cap of £14.42 billion, a P/E ratio of 45.43, a PEG ratio of 2.34 and a beta of 1.31. The company’s fifty day simple moving average is GBX 235.54 and its two-hundred day simple moving average is GBX 228.60.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 265 ($3.42) price objective on shares of Legal & General Group in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft restated a “top pick” rating on shares of Legal & General Group in a research report on Friday, December 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Legal & General Group from GBX 290 ($3.74) to GBX 295 ($3.80) and gave the stock an “overweight” rating in a report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Legal & General Group presently has an average rating of “Moderate Buy” and an average price target of GBX 267 ($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.