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Legal & General ( (GB:LGEN) ) has shared an update.
Legal & General Group Plc has announced a transaction involving its Chair, Sir John Kingman, who purchased ordinary shares into an ISA. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to transparency and compliance with the UK Market Abuse Regulation, potentially reinforcing stakeholder confidence in its governance practices.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £237.00 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.
The overall stock score is primarily impacted by financial performance challenges, including declining revenues, profitability issues, and liquidity concerns. Technical analysis suggests a neutral trend with mild bullish momentum, but the high P/E ratio indicates overvaluation despite an attractive dividend yield. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Legal & General Group Plc operates in the financial services industry, offering a range of products including life insurance, pensions, and investment management. The company focuses on providing financial security and investment opportunities to a broad market, including individual and institutional clients.
Average Trading Volume: 19,499,271
Technical Sentiment Signal: Buy
Current Market Cap: £13.38B
For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.