Legal & General share price: should you buy, sell or hold?

The Legal & General share price has fallen by around 10% in the past month. Should you buy, sell or hold?

Legal & General is a FTSE 100-listed financial services company. It provides a range of products and services, including life insurance, pensions, investments and asset management.

The company's share price has fallen by around 10% in the past month. This is largely due to concerns about the impact of the coronavirus pandemic on the global economy.

Should you buy, sell or hold?

Whether you should buy, sell or hold Legal & General shares depends on a number of factors, including your investment goals and risk tolerance. If you are looking for a long-term investment, then the recent share price fall could be an opportunity to buy at a discount.

However, if you are more risk-averse, then you may want to wait and see how the coronavirus pandemic affects the company's financial performance before making a decision.

Analysts' views

Analysts are divided on the outlook for Legal & General shares. Some believe that the company is well-positioned to weather the current economic storm, while others are more cautious.

For example, analysts at Citigroup have a "buy" rating on Legal & General shares, with a target price of 250p. They believe that the company's strong balance sheet and diversified business model will help it to ride out the current economic uncertainty.

However, analysts at JP Morgan have a "hold" rating on Legal & General shares, with a target price of 220p. They believe that the company's exposure to the UK economy could weigh on its financial performance in the coming months.

Conclusion

The Legal & General share price has fallen by around 10% in the past month. This is largely due to concerns about the impact of the coronavirus pandemic on the global economy.

Whether you should buy, sell or hold Legal & General shares depends on a number of factors, including your investment goals and risk tolerance. If you are looking for a long-term investment, then the recent share price fall could be an opportunity to buy at a discount.