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Legal & General ( (GB:LGEN) ) just unveiled an update.
Legal & General Group Plc announced the repurchase of 3,974,519 of its ordinary shares as part of its share buyback program initiated in March 2025. This move is expected to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening the company’s market position.
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 is impacted by significant financial performance challenges, including declining revenues and cash flow issues. Despite some positive technical momentum and strategic share buybacks, the high P/E ratio and leverage concerns suggest caution. The stock presents moderate risk with limited growth prospects unless financial health improves.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Legal & General Group Plc is a prominent financial services company based in the United Kingdom, primarily engaged in providing insurance, investment management, and pension services. The company is well-established in the financial sector, focusing on long-term savings and investment products.
Average Trading Volume: 23,195,614
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.92B
See more data about LGEN stock on TipRanks’ Stock Analysis page.