John Kingman Purchases 1,399 Shares of Legal & General Group Plc (LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider John Kingman bought 1,399 shares of the company’s stock in a transaction dated Monday, December 3rd. The shares were purchased at an average cost of GBX 250 ($3.27) per share, with a total value of £3,497.50 ($4,570.10).

Shares of LON LGEN opened at GBX 241.60 ($3.16) on Thursday. Legal & General Group Plc has a 52 week low of GBX 241.65 ($3.16) and a 52 week high of GBX 279.90 ($3.66).

A number of research firms have recently weighed in on LGEN. UBS Group reissued a “sell” rating and set a GBX 225 ($2.94) target price on shares of Legal & General Group in a report on Wednesday, October 24th. Royal Bank of Canada reissued a “top pick” rating on shares of Legal & General Group in a report on Monday, October 15th. Shore Capital reissued an “under review” rating on shares of Legal & General Group in a report on Monday, October 8th. Barclays lifted their target price on Legal & General Group from GBX 311 ($4.06) to GBX 317 ($4.14) and gave the stock an “overweight” rating in a report on Friday, September 7th. Finally, Credit Suisse Group reissued an “underperform” rating on shares of Legal & General Group in a report on Thursday, August 23rd. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 284.75 ($3.72).

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Legal & General Group Company Profile

Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and General Insurance (GI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; and lifetime mortgages.

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