UBS Raises Legal and General Target Price to 275p with Buy Recommendation

Legal & General has received a reaffirmed Buy recommendation from UBS, with the investment firm increasing its target price from 265p to 275p. This suggests a potential upside of 16%.

UBS predicts that Legal & General will announce a share buyback of £500 million alongside its FY2024 results, which is expected to enhance the total return for FY2025 to approximately 13%. UBS also maintains confidence in the company's financial performance, stating that the sustainable total return remains around 11%.

It is advised that investors carefully consider this information and consult a professional advisor if they lack expertise in making investment decisions.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings