Insurance

Legal & General Group Plc

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LGEN

Legal & General Group insider Andrew Kail acquired 87 shares at GBX 254 each, totaling £220.98, on May 1st. Previously, he sold 204,858 shares at GBX 271 and 85,011 shares at GBX 255. The stock is currently trading down 2.6% at GBX 248.36. Analysts have mixed ratings on the stock, with a consensus price target of GBX 250.71. Legal & General Group has a market cap of £13.94 billion and reported an EPS of GBX 831 for the last quarter.

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Legal & General Group (LON:LGEN) Insider Andrew Kail Acquires 87 Shares

Legal & General Group PLC (OTCMKTS:LGGNY) has received a consensus recommendation of "Reduce" from six analysts, with three rating it as a sell and three as hold. Zacks Research downgraded the stock to "strong sell" and Jefferies Financial Group to "moderate sell." The stock opened at $17.19, with a 52-week range of $15.25 to $18.87. Legal & General is a multinational financial services company offering life insurance, retirement, and asset management services.

Legal & General Group PLC (OTCMKTS:LGGNY) Given Consensus Recommendation of "Reduce" by Analysts

Jefferies Financial Group has downgraded Legal & General Group (LON:LGEN) to an "underperform" rating with a target price of GBX 185, indicating a potential downside of 25.44%. Other analysts have mixed views, with Citigroup and Goldman Sachs maintaining "neutral" ratings and higher target prices. Legal & General's stock has seen a 12-month range between GBX 217.20 and GBX 279.50, and it recently reported an EPS of GBX 831. Insiders have been active, purchasing shares amid a share repurchase plan initiated by the company.

Jefferies Financial Group Downgrades Legal & General Group (LON:LGEN) to Underperform

Derald Goh from Jefferies has downgraded Legal & General to a Sell with a price target of p185.00, citing a weakening income profile, constrained capital flexibility, and slower dividend growth. He notes that the company's ability to generate surplus is barely enough to fund dividends, limiting capital returns and strategic maneuvers. Compared to other high-yield financials, LGEN shows slower dividend growth and a weaker balance sheet, justifying a lower valuation. Goh has a 16.0% average return and a 79.03% success rate on his stock recommendations.

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Derald Goh Reiterates Sell on Legal & General, Citing Weakening Income Profile, Constrained Capital Flexibility and Slower Dividend Growth

Legal & General Group Plc(LGEN.UK)

Legal & General Group (LON:LGEN) Insider Andrew Kail Acquires 87 Shares

Legal & General Group PLC (OTCMKTS:LGGNY) Given Consensus Recommendation of "Reduce" by Analysts

Jefferies Financial Group Downgrades Legal & General Group (LON:LGEN) to Underperform

Derald Goh Reiterates Sell on Legal & General, Citing Weakening Income Profile, Constrained Capital Flexibility and Slower Dividend Growth