Legal & General: Expecting Double-Digit Returns In The Next 3 Years, Buy Confirmed

2025-06-14 04:28:47 ET

One year after the strategic doubling down , the Legal & General Group Plc ( OTCPK:LGGNF )( OTCPK:LGGNY ) share price of this previously dormant giant has increased by nearly 30% (with a total return of >40%, including the dividend payment - Fig. 1). Here at the Lab, we also analyzed the company’s performance in late 2024 with an update called " Strongest Subsector Yield And Solvency Ratio, " noting that the company's equity story gained renewed investor support on the back of several strategic initiatives. These included: 1) the planned divestiture of non-core assets, aimed at streamlining the business model, 2) a clear focus on capturing the growing institutional retirement market opportunity, 3) improved cost efficiency through cross-selling synergies following the consolidation of the asset management division, and 4) disciplined capital allocation, reflected in a progressive dividend policy and an ongoing share buyback program....

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