Added to YB: 2024-03-06
Pitch date: 2024-03-06
LGEN.L [bullish]
Legal & General Group Plc
+21.71%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally.
Market Cap
GBP 13.4B
Pitch Price
GBP 2.02
Price Target
N/A
Dividend
8.96%
EV/EBITDA
38.47
P/E
31.20
EV/Sales
4.88
Sector
Insurance
Category
dividend
Show full summary:
Progress and Challenges: Legal & General's Journey to Five-Year Targets
LGEN.L FY: 5% div hike, PBT hit as expected, op profit flat. SII 224%, on track for 5yr targets. Inst annuities £13.7B, US protection $175M NBP. CSM +9% to £13B. Set to hit £8-9B SII cap gen & £5.6-5.9B divs by '24. Board aims 5% div growth in FY24.
Read full article (1 min)