TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Legal & General ( (GB:LGEN) ) has shared an update.
Legal & General Group Plc 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 adherence to UK Market Abuse Regulation, ensuring transparency and compliance in its operations.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.30 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 retirement solutions. The company focuses on providing financial security and stability to its clients, with a significant presence in the UK market.
Average Trading Volume: 19,770,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.89B
Learn more about LGEN stock on TipRanks’ Stock Analysis page.