YouTube video by Martyn Lucas INVESTOR

YouTube video by 4NonBlondesVEVO

Group taps Greater Manchester Pension Fund to boost coffers but warns push for affordable homes must move faster Bosses at the insurance and pensions group Legal & General, which invests in and builds homes, said it will take more than a decade to tackle…

Legal & General are a leading UK financial services provider, offering life insurance, pensions, retirement and investment services. Get a quote today.

Investing.com -- UBS has downgraded Legal & General Group Plc (LON:LGEN) to “neutral” from “buy,” keeping its 12-month price target unchanged at 275p, in a note dated Tuesday. The brokerage said the insurer’s valuation has now caught up with its estimates and that the capital returns on offer adequately offset risks rather than provide upside. The analysts expect L&G to return £5.3 billion, equal to more than 35% of its market value, to shareholders over the next three years through dividends and buybacks. That figure includes £1.25 billion of one-off returns from the sale of its U.S. business, non-core asset disposals and a reduced investment in new business. Stripping out those exceptional items, the expected all-in yield of about 10% is not covered by earnings or capital generation in the near term. UBS forecasts payout ratios above 100% until 2027. The report flagged risks tied to L&G’s high payout, its sensitivity to credit events and its relatively low excess yield compared with its historical average. The solvency ratio is projected to fall 17 percentage points to 200% by 2027 as a result of capital returns and new business strain, while shareholders’ equity is forecast to decline by £0.7 billion in the same period. UBS also cut its earnings estimates, citing continued negative investment variances of about £400 million annually. Reported diluted EPS is forecast at 15.06p for 2025, down 36% from a prior estimate of 23.46p. Despite the downgrade, UBS noted L&G will still deliver among the highest capital returns in the U.K. life sector. However, it said those returns are now fairly priced given the risks. With LGEN making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed LGEN alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including LGEN, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is LGEN poised for similar growth? Don't miss the opportunity to find out.

Investing.com -- Legal & General Group PLC (LON:LGEN) on Tuesday unveiled its asset management outlook for 2028, projecting operating profit to reach between £500 million and £600 million, representing a compound annual growth rate of 6-10% from 2024 to 2028. The financial services company expects fee-related earnings to account for 70-75% of its asset management business by 2028, according to the company’s deep dive presentation on its asset management division. Legal & General also set targets for its private markets segment, aiming to grow assets under management in this area to more than £85 billion by 2028. Looking at shorter-term projections, the group forecasts 6-9% growth in core operating earnings per share for 2025. These targets form part of Legal & General’s strategic roadmap as the company positions itself for growth across multiple business segments over the next four years. LGEN: A Bull or Bear Market Play? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if LGEN is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.