Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

250.90p
   
  • Change Today:
      4.20p
  • 52 Week High: 307.80p
  • 52 Week Low: 235.20p
  • Currency: UK Pounds
  • Shares Issued: 5,970m
  • Volume: 13,809,726
  • Market Cap: £14,980m
  • RiskGrade: 166

Sunday newspaper round-up: Sainsbury's, Legal and General, Asos

By Alexander Bueso

Date: Sunday 22 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Private equity giants are circling Sainsbury's with a view to possibly launching bids of more than £7 billion, as the bidding war for Morrisons reignites interest in the supermarket industry. American buyout giant Apollo is said to be running the rule over Britain's second-largest supermarket chain. It has been scouring the industry for targets after being outbid for Asda last year, and remains in talks to join the Fortress-led consortium bidding for Morrisons. Any involvement in that deal may preclude a move for Sainsbury's. - Sunday Times
Legal & General, the UK's biggest pensions manager, is plotting an expansion into China as the Communist regime attempts to lure Western money managers to help modernise its financial system. Chief executive Nigel Wilson said the FTSE 100 firm is exploring opportunities in China due to the country's "compelling demographics", adding that a pension management partnership is the most likely route for L&G to enter the Chinese market. - Sunday Telegraph

Asos is hunting for a new warehouse in continental Europe as it seeks to improve its home delivery in key markets after a boom in internet orders during the pandemic. The online fast-fashion player told investors this month that it was in the "early planning stages" of its fifth fulfilment centre, which will most likely be located on the Continent. - Sunday Telegraph

Opting for hydrogen that is made using fossil fuels rather than renewable electricity could create up to 8m tonnes of carbon emissions every year by 2050, according to an analysis of government data. The figures show that the use of fossil-fuel hydrogen, or "blue hydrogen", would create the same carbon emissions each year that more than a million petrol cars would produce, compared with using zero-carbon "green hydrogen". - Guardian

Heathrow has agreed breathing space with its lenders over £1.1billion of debt. The airport warned investors in June that it could default on its complex financing arrangements if revenues were £66million lower than expected this year. Earlier this month it agreed a waiver with bondholders for four tranches of debt due between 2024 and 2029. More than 90 per cent of the investors backed the move. - Financial Mail on Sunday

The boss of a fibre broadband firm has accused industry giants including BT, Sky and Vodafone of misleading millions of businesses about their internet speeds. G.Network said big broadband suppliers advertise 'fibre' connections which involve both fibre and copper wiring that has been in the ground for up to a century. - Financial Mail on Sunday

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Legal and General Market Data

Currency UK Pounds
Share Price 250.90p
Change Today 4.20p
% Change 1.70 %
52 Week High 307.80p
52 Week Low 235.20p
Volume 13,809,726
Shares Issued 5,970m
Market Cap £14,980m
RiskGrade 166

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.21% above the market average39.21% above the market average39.21% above the market average39.21% above the market average39.21% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
9.54% above the market average9.54% above the market average9.54% above the market average9.54% above the market average9.54% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income
53.58% above the market average53.58% above the market average53.58% above the market average53.58% above the market average53.58% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
0.13% above the market average0.13% above the market average0.13% above the market average0.13% above the market average0.13% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

What The Brokers Say

Strong Buy 9
Buy 1
Neutral 6
Sell 0
Strong Sell 2
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Legal and General Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Apr-22 12-Aug-21
Paid 01-Jun-22 20-Sep-21
Amount 13.27p 5.18p

Trades for 20-May-2022

Time Volume / Share Price
17:12 5,456 @ 254.83p
17:12 3,662 @ 254.90p
16:45 1,401 @ 250.50p
16:45 1,401 @ 250.50p
16:45 1,776 @ 250.50p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

Top of Page