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An update from Legal & General ( (GB:LGEN) ) is now available.
Legal & General Group Plc has announced the purchase of ordinary shares by three of its Non-Executive Directors, Mark Jordy, Ric Lewis, and Laura Wade-Gery, under their Terms of Appointment. The transactions, conducted on the London Stock Exchange, reflect the directors’ commitment and confidence in the company’s future, potentially impacting stakeholder perceptions positively.
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 within the financial services industry, primarily offering insurance, investment management, and pension services. The company focuses on providing financial security and investment solutions to a diverse range of clients, including individuals and institutions.
Average Trading Volume: 19,499,271
Technical Sentiment Signal: Buy
Current Market Cap: £13.38B
For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.