Legal & General Group Plc (LON:LGEN) Insider Laura Wade-Gery Acquires 926 Shares of Stock

Legal & General Group Plc (LON:LGEN) insider Laura Wade-Gery purchased 926 shares of Legal & General Group stock in a transaction dated Monday, July 1st. The stock was bought at an average cost of GBX 230 ($2.91) per share, with a total value of £2,129.80 ($2,693.90).

Legal & General Group Trading Down 0.9 %

Legal & General Group stock opened at GBX 226.80 ($2.87) on Wednesday. Legal & General Group Plc has a one year low of GBX 203.10 ($2.57) and a one year high of GBX 259 ($3.28). The company’s fifty day moving average price is GBX 240.91 and its two-hundred day moving average price is GBX 245.19. 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 company has a market capitalization of £13.56 billion, a price-to-earnings ratio of 3,240.00, a PEG ratio of 2.34 and a beta of 1.35.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 289 ($3.66) price objective on shares of Legal & General Group in a research note on Wednesday, June 5th. JPMorgan Chase & Co. cut their price objective on Legal & General Group from GBX 330 ($4.17) to GBX 285 ($3.60) and set an “overweight” rating for the company in a report on Monday, June 24th. Jefferies Financial Group restated a “hold” rating and issued a GBX 255 ($3.23) target price on shares of Legal & General Group in a research note on Thursday, June 13th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Legal & General Group from GBX 300 ($3.79) to GBX 275 ($3.48) and set a “buy” rating for the company in a research note on Tuesday, June 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 285.80 ($3.61).

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.