Shares of Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 74,944 shares were traded during trading, an increase of 18% from the previous session’s volume of 63,690 shares.The stock last traded at $20.61 and had previously closed at $20.54.
Analyst Ratings Changes
LGGNY has been the subject of several research reports. The Goldman Sachs Group cut shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Jefferies Financial Group cut Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Citigroup downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, UBS Group cut Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday. One research analyst has rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Legal & General Group has an average rating of “Strong Sell”.
Read Our Latest Report on Legal & General Group
Legal & General Group Trading Down 0.9%
About Legal & General Group
Legal & General Group is a London‑headquartered multinational financial services company with roots dating back to the 19th century. The firm provides a range of life insurance, retirement and protection products alongside savings and workplace pension solutions. Over its history it has expanded beyond traditional insurance into asset management and long‑term investment activities aimed at serving both individual and institutional clients.
Core operations include life assurance, annuities and pension de‑risking for corporate clients, together with retail and workplace pension provision.
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