Shares of Legal & General Group Plc (LON:LGEN - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 225.93 ($2.75) and traded as high as GBX 234.90 ($2.86). Legal & General Group shares last traded at GBX 233.90 ($2.85), with a volume of 13,747,356 shares trading hands.
Analysts Set New Price Targets
Several brokerages have commented on LGEN. Deutsche Bank Aktiengesellschaft restated a "top pick" rating on shares of Legal & General Group in a research report on Friday, December 6th. JPMorgan Chase & Co. boosted their price target on Legal & General Group from GBX 290 ($3.53) to GBX 295 ($3.59) and gave the stock an "overweight" rating in a report on Friday, December 6th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 265 ($3.22) target price on shares of Legal & General Group in a research report on Thursday, December 5th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 276.67 ($3.37).
Read Our Latest Report on Legal & General Group
Legal & General Group Price Performance
The firm has a market cap of £13.66 billion, a price-to-earnings ratio of 4,678.00, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a current ratio of 1.12, a quick ratio of 0.50 and a debt-to-equity ratio of 722.64. The business's 50-day simple moving average is GBX 225.64 and its two-hundred day simple moving average is GBX 225.93.
Insider Transactions at Legal & General Group
In other Legal & General Group news, insider John Kingman bought 716 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was bought at an average cost of GBX 230 ($2.80) per share, with a total value of £1,646.80 ($2,003.65). Also, insider Henrietta Baldock acquired 1,118 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of GBX 221 ($2.69) per share, with a total value of £2,470.78 ($3,006.18). Insiders purchased a total of 2,590 shares of company stock valued at $576,566 in the last quarter. 0.88% of the stock is currently owned by company insiders.
Legal & General Group Company Profile
(
Get Free Report)
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.
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