Legal & General: UBS raises its target price
(CercleFinance.com) - UBS confirms its buy recommendation on the share, but raises its price target to 275p (from 265p).
This new target highlights an upside outlook of +16%.
'We expect a share buyback of £500 million on the release of FY2024 results, which will take the FY2025 total return to around 13%. The sustainable total return remains at around 11%' says UBS.
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