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Legal & General ( (GB:LGEN) ) has provided an announcement.
Legal & General Group Plc has announced the purchase of shares by several key executives under the company’s Employee Share Plan. This move, involving senior figures such as the Group Chief Financial Officer and the Chief Executive Officer of Legal & General Institutional Retirement, underscores the leadership’s commitment to aligning their interests with shareholders, potentially enhancing stakeholder confidence in the company’s governance and future performance.
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.
The overall stock score is driven by the company’s strong technical indicators and positive corporate events, which are offset by financial performance challenges and a high P/E ratio. The combination of high dividend yield and positive market momentum provides a balanced view despite financial weaknesses.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Legal & General Group Plc is a prominent player in the financial services industry, offering a range of products including insurance, pensions, and investment management. The company primarily focuses on providing financial security and investment solutions to individual and institutional clients.
Average Trading Volume: 24,944,627
Technical Sentiment Signal: Buy
Current Market Cap: £14.52B
See more data about LGEN stock on TipRanks’ Stock Analysis page.