Legal & General Group Plc with ticker (LON:LGEN) now has a potential upside of 32.8% according to JP Morgan Cazenove.
LGEN.L
JP Morgan Cazenove set a target price of 295 GBX for the company, which when compared to the Legal & General Group Plc share price of 222 GBX at opening today (20/12/2024) indicates a potential upside of 32.8%. Trading has ranged between 211 (52 week low) and 259 (52 week high) with an average of 15,375,468 shares exchanging hands daily. The market capitalisation at the time of writing is £13,135,287,114.
Legal & General Group Plc is a United Kingdom-based financial services provider. The Company operates through five segments: Institutional Retirement, Asset Management, Insurance, Retail Retirement, and Corporate Investments. Institutional Retirement segment represents worldwide pension risk transfer business opportunities. Asset Management segment provides platform capability in private markets across Real Estate, Private Credit and Infrastructure, including through an accelerated programme of fund launches. Insurance segment which primarily represents UK protection (both group and retail) and US retail protection business (US Insurance). Retail Retirement segment which represents retail annuity and drawdown products, workplace savings and lifetime mortgage loans. Corporate Investments segment which represents a portfolio of non-strategic assets managed separately with the goal of maximizing shareholder value ahead of potential divestment.
Legal & General Group Plc 32.8% potential upside indicated by JP Morgan Cazenove
- 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.
