Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

242.60p
   
  • Change Today:
      3.10p
  • 52 Week High: 307.80
  • 52 Week Low: 235.20
  • Currency: UK Pounds
  • Shares Issued: 5,973m
  • Volume: 7,592,169
  • Market Cap: £14,490m
  • RiskGrade: 166

Deutsche Bank 'supportive' on Legal and General shares ahead of results

By Alexander Bueso

Date: Monday 14 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Analysts at Deutsche Bank said their view on shares of Legal&General ahead of its next set of financial results was "supportive".
However, the likelihood of continued market volatility and of "clearer positive catalysts and valuation upside" at rival Aviva tempered their enthusiasm.

Among other things, analyst Oliver Steel said that he would be looking for updates on the trade-off between increased bulk annuities and greater competition, evidence that solvency ratios would remain stable within current forecasts for annuity and dividend growth and as regarded the double-edged sword of higher dividend yields and rising corporate bond spreads.

He also noted the possibility of a new chief executive officer being named at some point during the year.

Oliver had a 'buy' recommendation and 335.0p target price for the shares of the financial services outfit.



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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 242.60p
Change Today 3.10p
% Change 1.29 %
52 Week High 307.80
52 Week Low 235.20
Volume 7,592,169
Shares Issued 5,973m
Market Cap £14,490m
RiskGrade 166

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.12% above the market average42.12% above the market average42.12% above the market average42.12% above the market average42.12% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
9.40% above the market average9.40% above the market average9.40% above the market average9.40% above the market average9.40% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
53.46% above the market average53.46% above the market average53.46% above the market average53.46% above the market average53.46% 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
4.81% below the market average4.81% below the market average4.81% below the market average4.81% below the market average4.81% below 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 3
Sell 0
Strong Sell 1
Total 14
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 01-Jul-2022

Time Volume / Share Price
16:45 3,810 @ 242.60p
16:45 3,810 @ 242.60p
16:35 466 @ 242.60p
16:35 1,814,628 @ 242.60p
16:29 1,250 @ 242.70p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

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