Legal & General Group (LON:LGEN) Insider Mark Jordy Purchases 3,494 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Mark Jordy purchased 3,494 shares of Legal & General Group stock in a transaction dated Monday, August 3rd. The stock was acquired at an average cost of GBX 303 per share, with a total value of £10,586.82.

Mark Jordy also recently made the following trade(s):

• On Wednesday, July 1st, Mark Jordy acquired 3,683 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 287 per share, for a total transaction of £10,570.21.
• On Monday, June 1st, Mark Jordy acquired 980 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 268 per share, with a total value of £2,626.40.

Legal & General Group Price Performance

Legal & General Group stock traded up GBX 2.33 during midday trading on Monday, reaching GBX 302.73. The company’s stock had a trading volume of 13,709,886 shares, compared to its average volume of 35,550,219. Legal & General Group Plc has a fifty-two week low of GBX 217.20 and a fifty-two week high of GBX 310. The company has a debt-to-equity ratio of 1,100.04, a quick ratio of 0.50 and a current ratio of 59.08. The stock’s 50 day simple moving average is GBX 285.22 and its 200 day simple moving average is GBX 268.33. The firm has a market capitalization of £16.57 billion, a PE ratio of 31.08, a P/E/G ratio of 2.34 and a beta of 0.79.

Wall Street Analyst Weigh In

LGEN has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 255 price objective on shares of Legal & General Group in a report on Wednesday, July 29th. Jefferies Financial Group cut shares of Legal & General Group to an “underperform” rating and set a GBX 185 target price for the company. in a report on Tuesday, May 5th. Citigroup boosted their price target on Legal & General Group from GBX 249 to GBX 251 and gave the stock a “neutral” rating in a research note on Tuesday, June 9th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 308 price target on shares of Legal & General Group in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of GBX 256.

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.