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    LGEN   GB0005603997

LEGAL & GENERAL PLC

(LGEN)
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Legal & General : launches Later Life Mortgages Portal

07/27/2021 | 06:50am EDT

As the lifetime mortgage market continues its lockdown recovery, operational efficiencies created by technology will play an increasingly important role in helping advisers achieve the best outcome for customers.

To help advisers fully take advantage of opportunities in this market, we have created a portal that will make a real difference to the advice process, not only saving advisers time but offering more choice and greater flexibility, so they can better support customers.

We have also listened to advisers and introduced fixed ERCs to provide customers with greater choice but also the surety of how much they would pay in the unlikely event they need to repay the lifetime mortgage early.

Our goal is to help advisers protect and support customers throughout their later years, and these enhancements provide another step forward in that journey.

Claire Singleton, CEO Legal & General Home Finance

Disclaimer

Legal & General Group plc published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 10:49:06 UTC.


ę Publicnow 2021
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Analyst Recommendations on LEGAL & GENERAL PLC
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Financials
Sales 2021 59 567 M 81 427 M 81 427 M
Net income 2021 1 979 M 2 706 M 2 706 M
Net Debt 2021 1 114 M 1 523 M 1 523 M
P/E ratio 2021 8,36x
Yield 2021 6,58%
Capitalization 16 540 M 22 610 M 22 610 M
EV / Sales 2021 0,30x
EV / Sales 2022 0,25x
Nbr of Employees 10 099
Free-Float 97,3%
Chart LEGAL & GENERAL PLC
Duration : Period :
Legal & General Plc Technical Analysis Chart | LGEN | GB0005603997 | MarketScreener
Technical analysis trends LEGAL & GENERAL PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 278,70 GBX
Average target price 318,81 GBX
Spread / Average Target 14,4%
EPS Revisions
Managers and Directors
Nigel David Wilson Group Chief Executive Officer & Executive Director
Jeff Davies Group Chief Financial Officer & Executive Director
John Kingman Chairman
Lesley Mary Samuel Knox Independent Non-Executive Director
Philip Arthur John Broadley Senior Independent Director
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