The share price of Legal & General Group PLC (LGEN) has recently attracted significant attention, particularly as it stands at 210.20, just 3.50% above its 52-week low. This development has led many investors and analysts to reassess the investment potential of LGEN shares, especially in light of the dividend yield forecast soaring to an impressive 9.5%. With these figures in mind, this article delves into the nuances of the legal and general share price, offering insights into whether it represents a lucrative investment opportunity.
- Summary of Legal and General Share Price
- Legal & General Share Price Analysis
- Current Share Price
- Historical Performance
- Dividend Yield and Sustainability
- Dividend Yield Forecast
- Sustainability Factors
- Investing in Legal & General
- Investment Timing
- Comparison with Other FTSE 100 Shares
- Expert Opinions and Ratings
- Analysts’ Price Target
- Consensus Rating
- Monitoring Legal & General Share Price
- Live Share Price Graph
- Historical Actions
- Additional Resources
- Morningstar Stock Price Quote
- Legal & General Group PLC Stock Analysis
Legal and General, a prominent British financial services and asset management company, has seen some fluctuations in its share price. As of the latest data, the legal and general share price is positioned at 210.20, which is slightly above its 52-week low. This movement has significantly impacted the dividend yield forecast, pushing it to an attractive 9.5%.
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|Current Share Price||210.20|
|Dividend Yield Forecast||9.5%|
|Historical Price Range||203.10 – 270.00|
|Analysts’ Price Target||27.30% upside potential|
|Consensus Rating||Moderate Buy|
|Investment Consideration||High dividend yield, strong financials|
|Comparison with FTSE 100 Shares||Higher dividend yield, defensive nature|
The current legal and general share price of 210.20 marks a minor rise from its 52-week low. This modest increase is a critical point for investors to note.
Over the past year, the legal and general share price has fluctuated, ranging between 203.10 and 270.00. Despite recent declines, it’s notable that the share price remains above pre-pandemic levels, hinting at underlying resilience.
Dividend Yield and Sustainability
Dividend Yield Forecast
The forecasted dividend yield of 9.5% is significantly higher than the FTSE 100 average, making it an attractive prospect for income-focused investors.
Legal & General boasts a robust track record of consistent dividend payments, having done so for over 180 years. This, combined with a healthy financial status, bodes well for dividend sustainability.
Investing in Legal & General
Deciding whether to invest in Legal & General shares hinges on individual goals and risk tolerance. Nevertheless, the high dividend yield and strong financials present an appealing case.
Compared to other FTSE 100 shares, Legal & General’s defensive nature and high dividend yield make it a standout choice, particularly for those seeking steady income.
Expert Opinions and Ratings
Analysts’ Price Target
Analysts predict a 27.30% upside potential for Legal & General, indicating room for significant growth from the current share price.
The consensus rating for Legal & General is “Moderate Buy.” This rating is an amalgamation of various analyst opinions, reflecting a generally optimistic outlook.
Keeping an eye on the live legal and general share price graph is crucial for timely investment decisions.
Understanding the stock’s historical performance can provide valuable context for future investment choices.
Morningstar Stock Price Quote
Morningstar offers up-to-date information on the legal and general share price, alongside relevant news and valuation details.
Legal & General Group PLC Stock Analysis
For deeper analysis, resources detailing key statistics and company fundamentals are available.
Q: What is the current legal and general share price?
A: As of the latest data, the legal and general share price is 210.20.
Q: What is the forecasted dividend yield for Legal & General?
A: The forecasted dividend yield for Legal & General is 9.5%.
Q: What is the consensus rating for Legal & General shares?
A: The consensus rating for Legal & General shares is “Moderate Buy.”
Q: Is it a good time to invest in Legal & General shares?
A: Whether it’s a good time to invest depends on individual investment goals and risk tolerance. However, the high dividend yield and strong financial position make Legal & General an appealing option for many.