Legal & General Group (LON:LGEN) Stock: Insider Andrew Kail Acquires 75 Shares

Legal & General Group Plc (LON:LGEN) insider Andrew Kail acquired 75 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were bought at an average cost of GBX 305 per share, with a total value of £228.75.

Andrew Kail also recently made the following trade(s):

• On Thursday, October 1st, Andrew Kail bought 76 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 288 per share, for a total transaction of £218.88.
• On Tuesday, September 1st, Andrew Kail bought 77 shares of Legal & General Group stock. The stock was purchased at an average price of GBX 289 per share, for a total transaction of £222.53.

Legal & General Group Stock Down 0.3%

Shares of LON LGEN opened at GBX 309.86 on Friday. The firm’s fifty day moving average is GBX 295.19 and its 200 day moving average is GBX 277.82. Legal & General Group Plc has a 52 week low of GBX 217.20 and a 52 week high of GBX 318.10. The company has a market cap of £16.64 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 2.34 and a beta of 0.81.

Legal & General Group (LON:LGEN) last announced its quarterly earnings results on Wednesday, August 5th. The financial services provider reported GBX 8.01 earnings per share for the quarter. Legal & General Group had a net margin of 0.91% and a return on equity of 27.28%. Equities research analysts anticipate that Legal & General Group Plc will post 24.24 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LGEN shares. Berenberg Bank upped their price objective on shares of Legal & General Group from GBX 353 to GBX 385 and gave the company a “buy” rating in a research note on Thursday, August 6th. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 270 target price on shares of Legal & General Group in a research note on Wednesday, September 2nd. Citigroup downgraded Legal & General Group to a “sell” rating and reduced their price target for the company from GBX 251 to GBX 245 in a report on Monday, August 10th. JPMorgan Chase & Co. lowered their price target on Legal & General Group from GBX 285 to GBX 270 and set an “underweight” rating for the company in a research report on Thursday, August 13th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 185 price target on shares of Legal & General Group in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Legal & General Group has an average rating of “Reduce” and a consensus target price of GBX 276.86.

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. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets.