Legal & General Group Plc (LON:LGEN) Insider John Kingman Purchases 677 Shares

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 677 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of GBX 243 ($3.09) per share, with a total value of £1,645.11 ($2,090.62).

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

• On Thursday, January 2nd, John Kingman bought 716 shares of Legal & General Group stock. The shares were purchased at an average cost of GBX 230 ($2.92) per share, with a total value of £1,646.80 ($2,092.77).

Legal & General Group Stock Up 0.7 %

LON:LGEN opened at GBX 246 ($3.13) on Tuesday. The firm has a market capitalization of £14.42 billion, a P/E ratio of 45.41, a PEG ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a 1-year low of GBX 211.40 ($2.69) and a 1-year high of GBX 266.20 ($3.38). The company’s fifty day moving average price is GBX 234.80 and its 200-day moving average price is GBX 228.27. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LGEN. Berenberg Bank restated a “buy” rating and set a GBX 265 ($3.37) price target 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 note on Friday, December 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Legal & General Group from GBX 290 ($3.69) to GBX 295 ($3.75) and gave the company an “overweight” rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Legal & General Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 267 ($3.39).

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.