Legal & General operating profit rises 8%

9th Aug 2022 07:54

(Sharecast News) - UK insurer Legal & General lifted interim operating profits on Tuesday, driven by higher interest rates and a strong annuity portfolio performance.

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JPMorgan upgrades L&G, downgrades Phoenix

8th Aug 2022 08:03

(Sharecast News) - In a note on the UK life insurance sector on Monday, JPMorgan Cazenove upped its stance on Legal & General but downgraded M&G and Phoenix Group.

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Legal & General sees double-digit growth in cash, capital generation in H1

7th Jul 2022 08:04

(Sharecast News) - Legal & General said on Thursday that it has had a good start to 2022, that its operating performance has been in line with expectations and that it expects to deliver double-digit growth in cash and capital generation for the first half.

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Treasury launches consultation on insurance rules shake up

28th Apr 2022 10:01

(Sharecast News) - The UK government has launched a consultation on its plans to radically overhaul the rules governing insurance companies.

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Legal & General lifts dividend as FY profits rise

9th Mar 2022 08:14

(Sharecast News) - Legal & General reported a jump in 2021 profit on Wednesday and lifted its dividend as it benefited from a post-pandemic economic recovery and an easing of restrictions.

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Deutsche Bank 'supportive' on Legal and General shares ahead of results

14th Feb 2022 12:24

(Sharecast News) - Analysts at Deutsche Bank said their view on shares of Legal&General ahead of its next set of financial results was "supportive".

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Jefferies upgrades Legal & General to buy, says consensus overestimates risks

21st Oct 2021 10:32

(Sharecast News) - Analysts at Jefferies upgraded their recommendation for shares of Legal&General from ´hold´to ´buy, telling clients that it was the European insurer offering the most synergies thanks to its competitive advantage in annuities and asset management.

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Sunday newspaper round-up: Sainsbury's, Legal and General, Asos

22nd Aug 2021 15:01

(Sharecast News) - Private equity giants are circling Sainsbury's with a view to possibly launching bids of more than £7 billion, as the bidding war for Morrisons reignites interest in the supermarket industry. American buyout giant Apollo is said to be running the rule over Britain's second-largest supermarket chain. It has been scouring the industry for targets after being outbid for Asda last year, and remains in talks to join the Fortress-led consortium bidding for Morrisons. Any involvement in that deal may preclude a move for Sainsbury's. - Sunday Times

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Thursday broker round-up

5th Aug 2021 13:02

(Sharecast News) - NatWest Group: Goldman takes off Conviction list but keeps at 'buy'.

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Thursday broker round-up

5th Aug 2021 13:02

(Sharecast News) - NatWest Group: Goldman takes off Conviction list but keeps at 'buy'.

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Legal & General H1 profit rises, performance 'well above' pre-Covid levels

4th Aug 2021 07:54

(Sharecast News) - Legal & General lifted its interim dividend on Wednesday as it posted a rise in first-half profit and said its performance was now "well above" pre-Covid levels, with asset management and insurance performing well.

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Monday broker round-up

26th Jul 2021 13:31

(Sharecast News) - Ultra Electronics: Berenberg keeps at 'buy' but hikes target price from 2,730.0p to 3,500.0p.

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FCA hires L&G's Sacha Sadan for ESG role

19th Apr 2021 12:03

(Sharecast News) - The Financial Conduct Authority has hired Sacha Sadan from Legal & General as the regulator's first director of environment, social and governance (ESG).

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Legal and General 'unlikely to participate' in Deliveroo IPO

25th Mar 2021 17:24

(Sharecast News) - Legal&General may become the latest UK investment outfit to shun Deliveroo's upcoming flotation on the London Stock Exchange.

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Thursday broker round-up

11th Mar 2021 13:28

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

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