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An update from Legal & General ( (GB:LGEN) ) is now available.
Legal & General Group Plc has repurchased 2,969,347 of its ordinary shares as part of its share buyback program initiated in March 2025. The repurchased shares will be cancelled, reducing the total number of shares in circulation to 5,739,045,257, which may enhance shareholder value by increasing earnings per share.
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.
Legal & General’s overall stock score reflects a challenging financial performance, characterized by declining revenues and profitability, and liquidity concerns. Despite a high P/E ratio indicating potential overvaluation, the stock benefits from positive technical indicators and a substantial dividend yield. The absence of earnings call data limits further insights into future outlook. Share buybacks, while positive, do not offset fundamental weaknesses.
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 products including life insurance, general insurance, pensions, and investment management. The company focuses on providing financial security and investment opportunities for its clients, with a significant presence in the UK market.
Average Trading Volume: 21,702,870
Technical Sentiment Signal: Buy
Current Market Cap: £14.35B
Find detailed analytics on LGEN stock on TipRanks’ Stock Analysis page.