Legal & General Group Plc (LON:LGEN) Insider Purchases £2,433.40 in Stock

Legal & General Group Plc (LON:LGEN) insider Henrietta Baldock acquired 1,058 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were bought at an average cost of GBX 230 ($2.96) per share, with a total value of £2,433.40 ($3,130.18).

Henrietta Baldock also recently made the following trade(s):

• On Monday, June 3rd, Henrietta Baldock bought 957 shares of Legal & General Group stock. The shares were acquired at an average price of GBX 254 ($3.27) per share, for a total transaction of £2,430.78 ($3,126.81).

Legal & General Group Stock Performance

Shares of Legal & General Group stock opened at GBX 220 ($2.83) on Friday. Legal & General Group Plc has a one year low of GBX 203.10 ($2.61) and a one year high of GBX 259 ($3.33). The firm has a market cap of £13.16 billion, a price-to-earnings ratio of 3,142.86, a price-to-earnings-growth ratio of 2.34 and a beta of 1.35. The company has a debt-to-equity ratio of 1,372.51, a current ratio of 4.70 and a quick ratio of 0.50. The stock’s 50-day moving average is GBX 233.94 and its 200-day moving average is GBX 242.12.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 255 ($3.28) target price on shares of Legal & General Group in a report on Thursday, June 13th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 285 ($3.67) target price on shares of Legal & General Group in a report on Wednesday, July 17th. Berenberg Bank restated a “buy” rating and issued a GBX 289 ($3.72) price target on shares of Legal & General Group in a report on Wednesday, June 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Legal & General Group from GBX 300 ($3.86) to GBX 275 ($3.54) and set a “buy” rating on the stock in a report on Tuesday, June 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 285.80 ($3.68).

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.