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Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 247.90
Bid: 247.90
Ask: 248.00
Change: 2.70 (1.10%)
Spread: 0.10 (0.04%)
Open: 244.30
High: 248.10
Low: 243.30
Prev. Close: 245.20
LGEN Live PriceLast checked at -

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Broker snap: Exane BNP Paribas cuts Aviva after strong run

Fri, 16th Aug 2013 11:39

Exane BNP Paribas has cut its recommendation for insurance group Aviva from 'outperform' to 'neutral', saying it sees limited upside after a strong run recently.The broker said that the share price has increased significantly under new management after the firm's interim report given the cost savings made the in the first six months of the year.However, profits remain challenged by weaker flows and declining revenue margins, with UK and Europe unit-linked revenue margin falling by more than the cost decline in the first half.Exane said: "We struggle to see the top line growth needed to secure the 2015 consensus earnings forecasts and the price-to-earnings multiple is not cheap in a historical relative context. "While we expect Aviva should outperform Legal & General, we prefer Standard Life, where we see significant operational leverage from the Investments business."While the target price for the stock has been lifted by 6.0% to 403p, the broker pointed out that its earnings forecasts are significantly below the consensus level for 2015.The share price was down 1.16% at 399.6p by 11:36 on Friday, having gained around 10% over the last month.BC
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30 Jan 2023 17:31

FTSE 100 gains ahead of central bank meetings, Unilever up on new CEO

Unilever names Dutch dairy boss Schumacher as CEO

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30 Jan 2023 17:00

LONDON MARKET CLOSE: Stocks broadly lower with eyes on central banks

(Alliance News) - Stocks in London closed largely lower on Monday as investors looked nervously ahead to looming interest rate decisions from a number of central banks.

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30 Jan 2023 12:14

LONDON MARKET MIDDAY: Stocks fall ahead of busy week for central banks

(Alliance News) - Stock prices in London were down on Monday around midday, as investors anxiously look ahead to three crucial interest rate decisions that will be announced later this week.

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30 Jan 2023 08:57

LONDON MARKET OPEN: 888 boss leaves, Middle East activities suspended

(Alliance News) - Stock prices in London opened lower on Monday morning, amid market caution at the start of an important week for interest rate decisions by the world's top central banks.

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30 Jan 2023 08:28

TOP NEWS: Legal & General Wilson to retire as CEO after over 10 years

(Alliance News) - Legal & General Group PLC on Monday said Chief Executive Nigel Wilson plans to step down, after more than a decade in post.

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30 Jan 2023 08:06

L&G chief executive Nigel Wilson to retire

(Sharecast News) - Legal & General said on Monday that Sir Nigel Wilson is planning to retire after more than a decade as chief executive.

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30 Jan 2023 07:55

LONDON BRIEFING: Unilever hires dairyman as CEO; Wilson to depart L&G

(Alliance News) - Stocks in London are set to open lower on Monday, as investors look ahead to three key interest-rate decisions this week.

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24 Jan 2023 11:45

JPMorgan-backed Smart Pension to raise more than 100 mln stg in equity -sources

LONDON, Jan 24 (Reuters) - Smart Pension, a British pension services provider backed by JPMorgan and Legal & General, is in discussions with investors to raise more than 100 million pounds ($123.13 million) worth of equity capital, two sources close to the matter told Reuters.

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23 Jan 2023 10:37

Glass Lewis recommends vote against Capricorn board, NewMed merger

Big question mark over Capricorn's planned merger with NewMed

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23 Jan 2023 09:20

Legal & General Chair John Kingman to become chair of Barclays Bank UK

(Alliance News) - Barclays PLC and Legal & General Group PLC on Monday said L&G Chair John Kingman will join the board of Barclays as a non-executive director on June 1 and will become the next chair of Barclays Bank UK PLC.

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16 Jan 2023 15:48

L&G plans to vote against Capricorn leadership and NewMed merger

LONDON, Jan 16 (Reuters) - Asset manager Legal & General plans to take the rare step of voting to oust energy group Capricorn's senior leadership and halt its planned merger with NewMed, according to a company document seen by Reuters.

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10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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23 Nov 2022 13:32

Investors back call for UK firms to support low-paid workers

Aviva Investors, LGIM among those to join campaign

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21 Nov 2022 10:09

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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