Shares of Legal & General Group Plc (LON:LGEN - Get Free Report) have earned an average rating of "Moderate Buy" from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 279 ($3.63).
Several brokerages have weighed in on LGEN. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 285 ($3.71) target price on shares of Legal & General Group in a report on Wednesday, July 17th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a GBX 245 ($3.19) price objective on shares of Legal & General Group in a research note on Thursday, August 15th.
View Our Latest Research Report on LGEN
Legal & General Group Trading Down 0.5 %
Shares of LON LGEN traded down GBX 1.10 ($0.01) during mid-day trading on Friday, reaching GBX 216.90 ($2.82). The company had a trading volume of 15,986,838 shares, compared to its average volume of 16,969,113. The stock has a market cap of £12.67 billion, a price-to-earnings ratio of 4,338.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. Legal & General Group has a 52 week low of GBX 211.40 ($2.75) and a 52 week high of GBX 259 ($3.37). The business's 50-day moving average is GBX 224.03 and its 200-day moving average is GBX 231.71. The company has a current ratio of 1.12, a quick ratio of 0.50 and a debt-to-equity ratio of 722.64.
Insider Activity
In other news, insider John Kingman acquired 726 shares of the business's stock in a transaction on Tuesday, October 1st. The stock was bought at an average price of GBX 226 ($2.94) per share, with a total value of £1,640.76 ($2,135.85). In other Legal & General Group news, insider Ric Lewis acquired 1,182 shares of the business's stock in a transaction on Monday, September 2nd. The stock was bought at an average price of GBX 223 ($2.90) per share, for a total transaction of £2,635.86 ($3,431.22). Also, insider John Kingman purchased 726 shares of the stock in a transaction dated Tuesday, October 1st. The shares were purchased at an average cost of GBX 226 ($2.94) per share, for a total transaction of £1,640.76 ($2,135.85). Insiders bought a total of 2,664 shares of company stock valued at $592,470 in the last three months. 0.88% of the stock is currently owned by corporate insiders.
About Legal & General Group
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Get Free ReportLegal & 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.
Further Reading
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