SELECT * FROM future.stocks WHERE name like '%legal and general group%' LIMIT 1; How To Buy Legal And General Group Shares ? - Grow Your Financial Portfolio

How To Buy Legal And General Group Shares

You can buy Legal and General Group shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Legal and General Group shares with a broker like eToro or you can trade Legal and General Group CFDs with XTB you can begin trading Legal and General Group shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Legal and General Group stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Legal And General Group Shares. What you should know, Types of trading Legal and General Group Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Legal And General Group Shares Table of Contents

Legal and General Group Financial Details

Financial Details

Legal and General Group Stock symbol LGEN
Legal and General Group Sector and Industry Financials Insurance
Legal and General Group Exchange LSE - London Stock Exchange
52 Week High £324.7
52 Week Low £214.9
Legal and General Group Market Capitalisation £18,224,143,049.00
Legal and General Group Average Volume 13,522,033.00
Legal and General Group PE 9.44
Legal and General Group EPS 0.32
Stock Currency GBP

Overview of Legal and General Group

Legal and General Group is an British Financials Insurance company currently traded on the LSE which fully known as the London Stock Exchange.

Legal and General Group trades under the stock symbol LGEN on the LSE.

Legal and General Group shares are exchanged in GBP on the LSE.

Legal and General Group has a current share price of £305.50 GBP dated 31/01/2020.

The highest Legal and General Group share price over the last 52 weeks was £324.7 GBP and its lowest price over the last 52 weeks was £214.9 GBP. That is a 52 week price range of £214.9 - £324.7.

Legal and General Group Trading Volume and PE

Legal and General Group currently has 5,965,349,607.00 active shares in circulation traded through the LSE exchange.

Legal and General Group market capitalization is £18,224,143,049.00 with an average daily trading volume of 13,522,033.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Legal and General Group has a Price Earning Ratio ( PE ) of 9.44 and earning per share ( EPS ) of 0.32. Generally speaking Legal and General Group having a high P/E ratio means that Legal and General Group investors forsee increased growth with Legal and General Group in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Legal and General Group earnings per share is Disney company profit that's allocated to every Legal and General Group common stock. Earnings per share is calculated by taking the difference between Legal and General Group's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Legal and General Group shares outstanding.

Legal and General Group Financial Charts

Financial Details

Legal and General Group Information

Legal and General Group Location & Contact Information

Address One Coleman Street London, EC2R 5AA United Kingdom
Phone Number 44-20-3124-2000
Website URL www.legalandgeneralgroup.com

Legal and General Group Executives and Board Members

Chairman Sir John Kingman
Chief Executive Officer Dr Nigel D Wilson
Chief Financial Officer Stuart Jeffrey Davies
Legal and General Group Board Member Sir John Kingman
Legal and General Group Board Member Lesley Mary Samuel Knox
Legal and General Group Board Member Dr Nigel D Wilson

How To Buy Legal And General Group Shares Guide

Buying Legal and General Group Stocks and CFDs

When investing in Legal and General Group you have several options as to what type of investment you wish to conduct. You can buy traditional Legal and General Group shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Legal and General Group shares with stock brokers and trading Legal and General Group with CFDs below.

Legal and General Group CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Legal and General Group stock.

If you buy Legal and General Group shares with a stock broker you actually own a share of Legal and General Group. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Legal and General Group price will change up or down.

Lets explain why you would buy Legal and General Group as a CFD instead of as a share.

If you went and brought 100 Legal and General Group shares at $100 a share with a stock broker you own $1000 of Legal and General Group.

The main difference when trading Legal and General Group as a CFD and buying Legal and General Group as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Legal and General Group you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Legal and General Group. Trading an Legal and General Group CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Legal and General Group CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Legal and General Group share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Legal and General Group CFD long would be hoping to profit from a rise in the Legal and General Group share price. An Legal and General Group CFD short would be aiming to profit from a fall in the Legal and General Group stock price. Trading CFDs allows traders to profit from both directions of the Legal and General Group price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Legal and General Group shares you can only profit from a rise in the Legal and General Group stock price.

Legal and General Group CFD and Stock Market Times

When trading in traditional Legal and General Group shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Legal and General Group Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Legal and General Group stock. This limits your risk to your initial amount invested in Legal and General Group. You can only lose the amount invested with traditional Legal and General Group shares. Another benefit of buying Legal and General Group shares with a broker is that you may be eligible to receive Legal and General Group company dividends if applicable.

If you Invest in Legal and General Group via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Legal and General Group. If you buy Legal and General Group stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Legal and General Group benefits as in owning a certain amount of stock for a set period.

If you own shares in Legal and General Group you may be eligible to voting rights at Legal and General Group shareholder general meetings.

Legal and General Group Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Legal and General Group Stocks and shares are only exempt from tax if the Legal and General Group shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Legal and General Group Stocks and Shares or Legal and General Group CFDs?

There are pros and cons to trading in both Legal and General Group Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Legal and General Group stocks and shares is better suited for long term investments. Historically Legal and General Group shares provide better returns over the long term, usually a 10 year period.

Legal and General Group CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Legal and General Group share investors aim to profit on the fluctuating highs and lows of the Legal and General Group price throughout the day. Day trading as you can imagine focuses on profiting from the daily Legal and General Group stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Legal and General Group stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Legal and General Group share price for example to a known amount.

Example Cost of Buying Legal and General Group as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Legal and General Group CFD trade example Legal and General Group Share deal example
Market price £305.50 £305.50
Broker Deal Invest £61.1 at 1:5 Margin (20%) Buy at £305.50 a share
Deal size 100 shares 100 shares
Initial outlay

£6110

(Margin = exposure x 20% margin factor)

£30550

(100 shares at £305.50)
Stamp duty No £20
Close price Sell at £366.6 Sell at £366.6
Estimated Profit

(61.1 point increase x 100 shares = £6110)

*Not including commission fees and taxes

(£36660 - £30550 = £6110)

*Not including commission fees and taxes
Trade Legal and General Group CFDs now with XTB Trade Legal and General Group Shares now with Etoro

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Our brokerage comparison table below allows you to compare the below features for brokers offering Legal and General Group shares and CFDs.

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