Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $20.09 and traded as low as $19.00. Legal & General Group shares last traded at $19.21, with a volume of 69,979 shares changing hands.
Analyst Ratings Changes
Several brokerages recently issued reports on LGGNY. Citigroup lowered shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. The Goldman Sachs Group downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Finally, UBS Group lowered Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Legal & General Group currently has a consensus rating of “Strong Sell”.
Get Our Latest Analysis on LGGNY
Legal & General Group Stock Performance
Legal & General Group Company Profile
Legal & General Group plc is a United Kingdom-based financial services company that provides insurance, retirement, investment management and capital solutions. Its businesses serve individual customers, employers, pension schemes, institutional investors and other organizations.
The company’s principal activities include workplace and individual pensions, retirement income products such as annuities, life insurance and protection products, and investment management through Legal & General Investment Management.
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