Analysts foresee less earnings Legal & General, high dividend yield

Tomorrow Legal & General will publish her past quarter's results. For this year most of the analyst expect a total sales of 1,55 billion GBp. This is hugely lower than the revenue over 2015 of 16,41 billion GBp.

Historical revenues and results Legal & General plus taxations 2016

For 2016 the analysts estimate a recordnet profit of 1,21 billion GBp. For this year most of the analysts expect a profit per share of 21 GBp. Based on this the price/earnings-ratio equals 10,17.

Quite high dividend Legal & General

The average of the dividends estimates is at 14 GBp. Consequently Legal & General 's dividend return equals 6,56 percent. The average dividend of the insurance sector equals 2,97 percent.

Most recent target prices around 28 GBp

The stock Legal & General is being covered by 8 fundamental analysts. The average target price for the stock is at 25,88 GBp. This is around 11 percent more than the current stock price of 213,5 GBp. The 3 most recent recommendations for the English company were provided by Baader Bank (buy, 28,50 GBp), Berenberg (buy, 28,00 GBp) and Kepler Capital Markets (buy, 27,00 GBp).

Based on the number of outstanding shares Legal & General 's market capitalisation equals 1270,07 billion GBp.

At 11.52 the company traded 2,25 percent highger at 213,5 GBp.

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