Legal & General Announces Director’s Share Purchase Under DRIP

The latest announcement is out from Legal & General ( (GB:LGEN) ).

Legal & General Group Plc announced the purchase of ordinary shares under its Dividend Reinvestment Plan (DRIP) by Clare Bousfield, a Non-Executive Director. The transaction, conducted on 13 June 2025 at the London Stock Exchange, involved 1,241 shares at a price of £2.508 each. This notification aligns with the UK Market Abuse Regulation, ensuring transparency in managerial transactions.

The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.20 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 for Legal & General is influenced primarily by its financial performance challenges, including declining revenues and cash flow issues. However, the positive technical indicators and frequent share buybacks provide some support to the stock, suggesting potential for shareholder value enhancement. The high dividend yield is attractive, but the high P/E ratio indicates overvaluation concerns.

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, providing a range of services including insurance, investment management, and retirement solutions. The company is focused on delivering long-term value to its stakeholders through strategic investments and market-driven solutions.

Average Trading Volume: 25,482,741

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.44B

For an in-depth examination of LGEN stock, go to TipRanks’ Overview page.