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Legal & General Group Plc (LON:LGEN – Get Ratings ) insider Nilufer von Bismarck acquired 2,545 shares of the firm’s stock in a transaction dated Tuesday, November 1st. The stock was acquired at an average price of GBX 237 ($2.86) per share, with a total cost of £6,031.65 ($7,288.12).
Employment Law and Organization Development
Shares of LGEN stock opened at GBX 235.10 ($2.84) on Wednesday. The company has a debt-to-equity ratio of 452.13, a forward ratio of 0.50 and a current ratio of 0.90. The company has a market cap of £14.04 billion and a P/E ratio of 691.47. The company’s 50-day moving average price is GBX 240.59 and its 200-day moving average price is GBX 249.59. Legal & General Group Plc has a 52 week low of GBX 201.40 ($2.43) and a 52 week high of GBX 309.90 ($3.74).
Law and General Group cut costs
The business also recently announced a dividend, which was paid on Monday, September 26th. Shareholders of record on Thursday, August 18th were issued a dividend of GBX 5.44 ($0.07) per share. The previous day of departure is Thursday, August 18th. This represents about 2%. Legal & General Group (DPR) has a payout ratio of 54.26%.
Investors Set New Cost Goals
A number of equities analysts have issued reports on LGEN shares. Royal Bank of Canada restated an “outperform” rating and issued a GBX 310 ($3.75) price objective on shares of Legal & General Group in a research note on Thursday, August 11th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Legal & General Group from GBX 330 ($3.99) to GBX 285 ($3.44) and set a “buy” rating on the stock. in a report on Thursday, October 27th. Berenberg Bank raised shares of Legal & General Group to a “buy” rating and increased their target price for the stock from GBX 343 ($4.14) to GBX 345 ($4.17) in a report. report on Wednesday, July 27th. Barclays reissued an “overweight” rating and set a GBX 390 ($4.71) price objective on shares of Legal & General Group in a report on Wednesday, October 5th. Finally, JPMorgan Chase & Co. an “overweight” rating and set a GBX 375 ($4.53) price objective on shares of Legal & General Group in a report on Wednesday, October 5th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 339 ($4.10).
About the Law Society and the General Society
(Get Rating)
Legal & General Group Plc offers a wide range of insurance products and services in the United Kingdom, the United States, and internationally. It is organized in four areas: Legal and Competitiveness (LGR), Legal Management and Large Investment (LGIM), Legal and Large Finance (LGC), and Legal and Insurance ( LGI).
Further Information
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