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Legal & General ( (GB:LGEN) ) has issued an announcement.
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. This transaction, conducted on the London Stock Exchange, reflects the directors’ commitment to the company and may influence stakeholder confidence in the firm’s governance and future prospects.
The most recent analyst rating on (GB:LGEN) stock is a Hold with a £275.00 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.
Legal & General’s overall stock score is primarily influenced by its strong technical indicators and positive corporate events, which suggest confidence in future growth and shareholder value enhancement. However, significant financial performance challenges and a high P/E ratio weigh down the score, indicating potential risks that need addressing.
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, primarily offering insurance, investment management, and retirement solutions. The company focuses on providing financial security and investment opportunities to a wide range of clients, including individuals, businesses, and institutions.
Average Trading Volume: 17,383,664
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.94B
For detailed information about LGEN stock, go to TipRanks’ Stock Analysis page.