Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

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266.70p
   
  • Change Today:
    -4.00p
  • 52 Week High: 291.20p
  • 52 Week Low: 223.70p
  • Currency: UK Pounds
  • Shares Issued: 5,961m
  • Volume: 11,031,136
  • Market Cap: £15,898m
  • RiskGrade: 106
  • Beta: 0.01

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 266.70p
Change Today -4.00p
% Change -1.48 %
52 Week High 291.20p
52 Week Low 223.70p
Volume 11,031,136
Shares Issued 5,961m
Market Cap £15,898m
Beta 0.01
RiskGrade 106

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.33% above the market average90.33% above the market average90.33% above the market average90.33% above the market average90.33% 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
50.89% above the market average50.89% above the market average50.89% above the market average50.89% above the market average50.89% 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
Income
87.17% above the market average87.17% above the market average87.17% above the market average87.17% above the market average87.17% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Growth
56.47% above the market average56.47% above the market average56.47% above the market average56.47% above the market average56.47% 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 2
Neutral 5
Sell 0
Strong Sell 3
Total 17
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
  Final Interim
Ex-Div 25-Apr-19 16-Aug-18
Paid 06-Jun-19 27-Sep-18
Amount 11.82p 4.60p

Trades for 14-Jun-2019

Time Volume / Share Price
17:08 4,834 @ 268.03p
17:08 9,927 @ 268.03p
17:08 40,360 @ 268.03p
17:08 19,595 @ 268.03p
17:08 28,071 @ 266.53p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

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