Legal and General (LON: LGEN)

Discussion in 'Stocks' started by Dandr39, May 25, 2020.

  1. Dandr39

    Dandr39

    What does the forum think of this stock? Multinational financial services headquartered in London. Undervalued after the Covid crash. Carrying some junk bond debt (£1B) against a total asset portfolio of £75.9B. Also has £17B in BBB bonds. I think this might be what is keeping the price down at the moment but not sure. Total of £1.1T AUM. As a newbie investor I'd like some advice this one thanks.

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    (image is from Simply Wall Street)
     
    Last edited: May 25, 2020
  2. traider

    traider

    dont look good
     
  3. hahaha
     
  4. Everything undervalued now pretty much plus fundamentals dont matter cuz they can stay undervalued for a long time