Legal & General Group Plc with ticker (LON:LGEN) now has a potential upside of 25.8% according to JP Morgan Cazenove.
JP Morgan Cazenove set a target price of 325 GBX for the company, which when compared to the Legal & General Group Plc share price of 241 GBX at opening today (08/07/2022) indicates a potential upside of 25.8%. Trading has ranged between 225 (52 week low) and 310 (52 week high) with an average of 19,018,851 shares exchanging hands daily. The market capitalisation at the time of writing is £14,501,417,138.
Legal & General Group Plc is a United Kingdom-based financial services provider. The Company operates its business across retirement, investment management, capital investment and insurance sectors. Its segments include Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC) and Legal & General Insurance (LGI). LGR segment is engaged in pension risk transfer business, including longevity insurance and retail retirement, workplace savings and lifetime mortgage loans. LGIM segment is engaged in institutional and retail investment management business. LGC segment manages shareholder assets invested in direct investments primarily in the areas of specialist commercial real estate, clean energy, housing and small and medium enterprises (SME) finance, as well as traded and treasury assets. LGI segment includes the United Kingdom and United States retail protection business, and United Kingdom group protection and fintech business.
Legal & General Group Plc 25.8% potential upside indicated by JP Morgan Cazenove
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- Written by: Charlotte Edwards
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Legal & General appoints Eric Adler as new CEO of Asset Management, aiming for significant growth in public and private market platforms by 2028.