Legal & General Group Plc (LON:LGEN) Receives GBX 276.67 Average PT from Analysts

Shares of Legal & General Group Plc (LON:LGEN) have been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 267 ($3.37).

LGEN has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Legal & General Group in a research note on Friday, December 6th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 265 ($3.34) price objective on shares of Legal & General Group in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of Legal & General Group from GBX 290 ($3.66) to GBX 295 ($3.72) and gave the stock an “overweight” rating in a research note on Friday, December 6th.

Insider Transactions at Legal & General Group

In related news, insider Henrietta Baldock bought 1,046 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average price of GBX 236 ($2.98) per share, for a total transaction of £2,468.56 ($3,115.30). Also, insider John Kingman bought 716 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were bought at an average price of GBX 230 ($2.90) per share, for a total transaction of £1,646.80 ($2,078.24). Insiders bought 2,880 shares of company stock valued at $658,614 over the last three months. Company insiders own 0.88% of the company’s stock.

Legal & General Group Trading Down 0.1 %

LON:LGEN opened at GBX 237.11 ($2.99) on Tuesday. The company has a debt-to-equity ratio of 155.18, a current ratio of 1.50 and a quick ratio of 0.50. The business’s 50-day simple moving average is GBX 232.97 and its 200-day simple moving average is GBX 227.54. Legal & General Group has a fifty-two week low of GBX 211.40 ($2.67) and a fifty-two week high of GBX 266.20 ($3.36). The stock has a market capitalization of £13.90 billion, a PE ratio of 43.77, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

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.