Legal & General Group Plc (LON:LGEN – Get Rating) insider Henrietta Baldock bought 1,096 shares of the company's stock in a transaction on Monday, October 3rd. The shares were acquired at an average cost of GBX 214 ($2.59) per share, for a total transaction of £2,345.44 ($2,834.03).
Henrietta Baldock also recently made the following trade(s):
Get
Legal & General Group alerts:
- On Thursday, September 1st, Henrietta Baldock bought 956 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 245 ($2.96) per share, for a total transaction of £2,342.20 ($2,830.11).
Legal & General Group Stock Performance
Shares of LGEN opened at GBX 221.90 ($2.68) on Tuesday. The firm has a 50-day moving average price of GBX 258.66 and a 200 day moving average price of GBX 256.35. The firm has a market capitalization of £13.25 billion and a PE ratio of 652.65. The company has a quick ratio of 0.50, a current ratio of 0.90 and a debt-to-equity ratio of 452.13. Legal & General Group Plc has a 52-week low of GBX 208.90 ($2.52) and a 52-week high of GBX 309.90 ($3.74).
Legal & General Group Cuts Dividend
The business also recently announced a dividend, which was paid on Monday, September 26th. Investors of record on Thursday, August 18th were given a GBX 5.44 ($0.07) dividend. The ex-dividend date was Thursday, August 18th. This represents a yield of 2%. Legal & General Group's dividend payout ratio is presently 54.26%.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 330 ($3.99) target price on shares of Legal & General Group in a report on Wednesday, August 10th. JPMorgan Chase & Co. upgraded shares of Legal & General Group to an "overweight" rating and upped their price target for the stock from GBX 325 ($3.93) to GBX 365 ($4.41) in a research report on Monday, August 8th. Berenberg Bank upgraded shares of Legal & General Group to a "buy" rating and upped their price target for the stock from GBX 343 ($4.14) to GBX 345 ($4.17) in a research report on Wednesday, July 27th. Royal Bank of Canada restated an "outperform" rating and set a GBX 310 ($3.75) price target on shares of Legal & General Group in a research report on Thursday, August 11th. Finally, Barclays restated an "overweight" rating and set a GBX 390 ($4.71) price target on shares of Legal & General Group in a research report on Wednesday, September 14th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 344.83 ($4.17).
About Legal & General Group
(Get Rating)
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI).
Featured Articles
- Here's What Makes Amazon a Sum-of-All-Parts Commerce Juggernaut
- The Institutions Bought CarMax In Q3, Now It's Cheaper
- Here's What a Strong US Dollar Means for Your Stocks
- FedEx Will Deliver Better News in 2023
- 3 Stocks Growing Their Businesses for 2023
Receive News & Ratings for Legal & General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group and related companies with MarketBeat.com's FREE daily email newsletter.
