MoMo Productions
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
Legal & General: Expecting Double-Digit Returns In The Next 3 Years, Buy Confirmed
Summary
- L&G reported solid numbers, which confirmed progress in shareholders' remuneration and financial solidity.
- There is a clear upside to the private markets, with new funds launched to drive growth and margin expansion.
- With a compelling valuation and an ongoing buyback, the company remains a buy.
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Analyst’s Disclosure:I/we have a beneficial long position in the shares of LGGNY, LGGNF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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