Henrietta Baldock Purchases 1,046 Shares of Legal & General Group Plc (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Henrietta Baldock bought 1,046 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was purchased at an average price of GBX 236 ($2.90) per share, with a total value of £2,468.56 ($3,033.00).

Henrietta Baldock also recently made the following trade(s):

• On Monday, December 2nd, Henrietta Baldock acquired 1,118 shares of Legal & General Group stock. The stock was purchased at an average cost of GBX 221 ($2.72) per share, for a total transaction of £2,470.78 ($3,035.73).

Legal & General Group Price Performance

LGEN traded down GBX 5.90 ($0.07) on Monday, reaching GBX 236.80 ($2.91). The stock had a trading volume of 16,811,459 shares, compared to its average volume of 17,214,979. 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 company has a market capitalization of £13.83 billion, a price-to-earnings ratio of 4,736.00, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. Legal & General Group Plc has a fifty-two week low of GBX 211.40 ($2.60) and a fifty-two week high of GBX 257.80 ($3.17). The firm has a 50-day moving average of GBX 229.32 and a 200-day moving average of GBX 226.38.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on LGEN shares. JPMorgan Chase & Co. raised their target price on Legal & General Group from GBX 290 ($3.56) to GBX 295 ($3.62) and gave the company an “overweight” rating in a report on Friday, December 6th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 265 ($3.26) price objective on shares of Legal & General Group in a research note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “top pick” rating on shares of Legal & General Group in a research note on Friday, December 6th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 276.67 ($3.40).

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.