Legal & General stock gains as shares reach 300.80 pence

Published on 09/22/2026 at 19:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legal & General stock traded at 300.80 pence on September 22, 2026, up 0.25 percent. The shares have risen 14.65 percent since January 1.

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Legal & General stock (ISIN GB0005603997) traded at 300.80 pence on the London market on September 22, 2026, up 0.25 percent on the session. The shares have gained 14.65 percent since January 1, giving the insurer a market value of GBP 16.17 billion.

Shares hold a 14.65 percent gain

The latest quote places Legal & General at 300.80 pence, compared with a 296.60 pence close on September 21, 2026. The previous session also delivered a 1.06 percent gain, with volume of 737,410 shares, according to the dated market report published on September 22, 2026.

The comparison with the start of the year is the clearest market signal in the available snapshot: the stock is up 14.65 percent, while the five-day change stands at 3.16 percent. At 300.80 pence, the shares are trading above the 300 pence level that had marked the latest round number for the quote.

Dividend confidence supports valuation

Analysts at Berenberg raised their Legal & General price target from 308 pence to 353 pence, according to Sharecast on September 22, 2026. The 45 pence increase represents a 14.6 percent revision, while the new target is 52.20 pence above the latest 300.80 pence quote.

Berenberg linked the change to greater confidence in the sustainability of Legal & General dividend growth, as reported in the same dated analyst update. That provides a concrete explanation for the stock's 14.65 percent year-to-date performance, although the target remains an analyst estimate rather than a company forecast.

Market value reaches GBP 16.17 billion

MarketScreener recorded a Legal & General quote of 300.80 pence on September 22, 2026, with a 0.25 percent gain and a market capitalization of GBP 16.17 billion. Its valuation snapshot also showed forward P/E ratios of 7.78 times for 2026 and 13.2 times for 2027.

For investors, the key tension is visible in the numbers: the stock has advanced 14.65 percent since the start of 2026, while the valuation data still show a lower forward P/E for 2026 than for 2027. The dividend-growth thesis therefore carries the central weight in the current analyst argument.

Stock trades at 300.80 pence

Legal & General stock stood at 300.80 pence on the London market as of September 22, 2026, with a daily change of plus 0.25 percent and year-to-date performance of plus 14.65 percent. Market capitalization was GBP 16.17 billion on the same date.