Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

 279.20p
   
  • Change Today:
      0.000p
  • 52 Week High: 291.20
  • 52 Week Low: 216.70
  • Currency: UK Pounds
  • Shares Issued: 5,965m
  • Volume: 0
  • Market Cap: £16,654m
  • RiskGrade: 135
  • Beta: 1.30

Allianz said to near deal to buy L&G\'s home insurance business

By Michele Maatouk

Date: Monday 29 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Allianz is reportedly in advanced talks to buy Legal & General\'s home insurance business.
According to Sky News, the German insurer is in exclusive talks to buy the business that was put up for sale by L&G at the end of last year.

Sky cited a source close to the bidder as saying that a deal - which could be worth more than £300m - was close but could still fall through.

In 2017, Allianz entered into a joint venture with LV to create the third largest personal insurer in the UK. Allianz paid £500m for a 49% stake in the UK insurer\'s general insurance businesses.

Back in December, Sky reported that Direct Line was among a group of potential bidders for L&G\'s home and contents arm. It said at the time that the company was lining up a £400m offer.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Legal and General Market Data

Currency UK Pounds
Share Price 279.20p
Change Today 0.000p
% Change 0.00 %
52 Week High 291.20
52 Week Low 216.70
Volume 0
Shares Issued 5,965m
Market Cap £16,654m
Beta 1.30
RiskGrade 135

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.88% above the market average92.88% above the market average92.88% above the market average92.88% above the market average92.88% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
51.01% above the market average51.01% above the market average51.01% above the market average51.01% above the market average51.01% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income
88.27% above the market average88.27% above the market average88.27% above the market average88.27% above the market average88.27% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
58.02% above the market average58.02% above the market average58.02% above the market average58.02% above the market average58.02% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 6
Sell 0
Strong Sell 1
Total 14
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Legal and General Dividends

  Latest Previous
  Interim Final
Ex-Div 15-Aug-19 25-Apr-19
Paid 26-Sep-19 06-Jun-19
Amount 4.93p 11.82p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies
CEO Michelle Scrimgeour

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