Legal & General Group Plc (LON:LGEN – Get Free Report) insider John Kingman acquired 718 shares of the stock in a transaction on Friday, December 1st. The shares were purchased at an average price of GBX 229 ($2.89) per share, for a total transaction of £1,644.22 ($2,076.82).

Legal & General Group Stock Performance

LON:LGEN opened at GBX 227.60 ($2.87) on Monday. The stock’s 50-day simple moving average is GBX 219.78 and its 200 day simple moving average is GBX 224.63. The firm has a market capitalization of £13.61 billion, a PE ratio of 710.94, a price-to-earnings-growth ratio of 2.34 and a beta of 1.37. The company has a quick ratio of 0.50, a current ratio of 0.95 and a debt-to-equity ratio of 670.83. Legal & General Group Plc has a twelve month low of GBX 203.10 ($2.57) and a twelve month high of GBX 269.40 ($3.40).

Analysts Set New Price Targets

A number of research analysts recently commented on LGEN shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of Legal & General Group in a research report on Monday, November 13th. Deutsche Bank Aktiengesellschaft upgraded Legal & General Group to a “buy” rating and raised their price target for the stock from GBX 290 ($3.66) to GBX 295 ($3.73) in a research report on Wednesday, November 29th. Finally, Barclays raised their price target on Legal & General Group from GBX 330 ($4.17) to GBX 333 ($4.21) and gave the stock an “overweight” rating in a research report on Thursday, September 7th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 315.50 ($3.99).

Read Our Latest Analysis on Legal & General Group

About Legal & General Group (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 four segments: Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail Retirement.

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Original: MarketBeat News Feed: Legal & General Group Plc (LON:LGEN) Insider John Kingman Buys 718 Shares