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Legal & General ( (GB:LGEN) ) has shared an announcement.
Legal & General Group Plc has announced that Morgan Stanley’s total applicable holding in the company has dropped below the 5% threshold, triggering a notification. As a result, Morgan Stanley has applied the trading book exemption to its remaining holding of 4.585957% as of June 24, 2025. This change in holdings could impact Legal & General’s shareholder structure and may have implications for its market positioning and stakeholder interests.
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 score is primarily influenced by financial weaknesses, including declining revenues and liquidity issues. However, positive technical indicators and strategic corporate actions like share buybacks offer some support, while a high dividend yield provides an attractive proposition for dividend-seeking investors.
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 that provides a range of products and services including life insurance, general insurance, pensions, and investment management. The company primarily focuses on the UK market but also has operations in the US and other countries.
Average Trading Volume: 24,908,284
Technical Sentiment Signal: Strong Buy
Current Market Cap: £14.4B
For an in-depth examination of LGEN stock, go to TipRanks’ Overview page.