Legal & General Group Plc with ticker (LON:LGEN) now has a potential upside of 14.3% according to Berenberg Bank.
Berenberg Bank set a target price of 289 GBX for the company, which when compared to the Legal & General Group Plc share price of 253 GBX at opening today (22/03/2024) indicates a potential upside of 14.3%. Trading has ranged between 203 (52 week low) and 259 (52 week high) with an average of 13,868,867 shares exchanging hands daily. The market capitalisation at the time of writing is £15,200,291,302.
Legal & General Group Plc is a United Kingdom-based financial services provider. The Company’s segments include Legal & General Retirement Institutional (LGRI), Legal & General Capital (LGC), Legal & General Investment Management (LGIM), Insurance, and Retail Retirement. LGRI segment represents worldwide pension risk transfer business including longevity insurance. LGC segment represents 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. LGIM segment represents institutional and retail investment management. Insurance segment primarily represents UK protection (both group and retail) and Fintech business (UK Insurance and other), as well as US retail protection business (US Insurance). Retail Retirement segment primarily represents retail annuity and drawdown products, workplace savings and lifetime mortgage loans.
Legal & General Group Plc 14.3% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
Legal & General Group Plc has appointed Scott Wheway to succeed Sir John Kingman as Chair. Scott will join the Board on 2 January 2026 as Chair Designate and assume the role following the AGM on 21 May 2026.
Legal & General Group announced that Jeff Davies will step down as Group CFO after eight years, with Andrew Kail appointed as his successor effective 1 December 2025, subject to regulatory approval.
Legal & General reported a 9% rise in core operating EPS and a 6% increase in core operating profit to £859m for H1 2025. The group recorded £5.2bn of new Institutional Retirement business and grew Workplace pension assets to over £100bn.
Legal & General Plc will host an Investor deep-dive on Asset Management today, unveiling strategies for sustainable growth in a dynamic market environment.
Legal & General Group Plc reports a robust 6% growth in core operating profit for 2024, highlighting strategic progress and plans for a £500 million buyback.
Legal & General sells its US protection business to Meiji Yasuda for $2.3bn, marking a strategic partnership and US Pension Risk Transfer expansion.
