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An announcement from Legal & General ( (GB:LGEN) ) is now available.
Legal & General Group Plc has announced the appointment of Scott Wheway as the new Chair, succeeding Sir John Kingman. Wheway, who brings extensive leadership experience in financial services and retail, will join the board as an independent Non-Executive Director and Chair Designate in January 2026, assuming the Chair role in May 2026. This leadership transition is expected to support L&G’s strategic growth and enhance stakeholder value, as the company continues to expand its international market presence and maintain its commitment to responsible investing.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £229.00 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.
Spark’s Take on GB:LGEN Stock
According to Spark, TipRanks’ AI Analyst, GB:LGEN is a Neutral.
Legal & General’s overall stock score is primarily impacted by its financial performance, which shows significant weaknesses in revenue stability, profitability, and cash flow. The technical analysis indicates a bearish trend with weak momentum, further contributing to the low score. The high P/E ratio suggests overvaluation concerns, although the high dividend yield offers some appeal. The absence of earnings call data and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Established in 1836, Legal & General (L&G) is a leading UK financial services group and a major global investor with £1.1 trillion in assets under management. The company is a key player in institutional retirement, retail savings and protection, and asset management, focusing on responsible investing and long-term savings and investment needs.
Average Trading Volume: 17,667,039
Technical Sentiment Signal: Buy
Current Market Cap: £13.24B
See more insights into LGEN stock on TipRanks’ Stock Analysis page.