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An update from Legal & General ( (GB:LGEN) ) is now available.
Legal & General Group Plc will redeem the remaining £12.7 million of its £600 million Fixed Rate Reset Subordinated Notes due 2064 on 2 February 2026 at the special redemption price, including accrued interest, following the earlier repurchase and cancellation of £587.3 million of the notes via a tender offer completed in September 2025. After this final redemption, no notes under this issue will remain outstanding, and their listing on the FCA’s Official List and admission to trading on the London Stock Exchange’s Main Market will be cancelled, simplifying the group’s capital structure and removing this instrument from its listed debt portfolio.
The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 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 mix of financial challenges and positive market sentiment. The company’s financial performance is a concern due to declining revenues and cash flow issues. However, technical indicators show bullish momentum, and corporate events suggest confidence in future growth. The high P/E ratio indicates overvaluation, but the attractive dividend yield provides some balance.
To see Spark’s full report on GB:LGEN stock, click here.
More about Legal & General
Legal & General Group Plc is a UK-based financial services company operating in the insurance, savings, and investment management sectors. It is a major issuer in the fixed income markets, using subordinated notes and other debt instruments as part of its capital and funding structure.
Average Trading Volume: 19,892,130
Technical Sentiment Signal: Buy
Current Market Cap: £14.74B
Find detailed analytics on LGEN stock on TipRanks’ Stock Analysis page.