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 provided an announcement.
Legal & General Group Plc announced a transaction involving the purchase of shares by three of its Non-Executive Directors, Mark Jordy, Ric Lewis, and Laura Wade-Gery. The shares were acquired under their Terms of Appointment at a price of £2.444 per share, with transactions conducted on the London Stock Exchange. This move reflects the directors’ confidence in the company’s future prospects and could potentially influence stakeholder perceptions positively.
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 in the financial services industry, offering a range of insurance, savings, and investment products. The company is focused on providing financial security and investment opportunities to its clients, positioning itself as a significant player in the UK market.
Average Trading Volume: 19,770,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.89B
See more data about LGEN stock on TipRanks’ Stock Analysis page.