Legal & General Group (OTCMKTS:LGGNY) Reaches New 1-Year High – Still a Buy?

Shares of Legal & General Group PLC (OTCMKTS:LGGNYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $18.84 and last traded at $18.84, with a volume of 5054 shares. The stock had previously closed at $18.43.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on LGGNY

Legal & General Group Price Performance

The firm has a 50-day moving average price of $17.49 and a 200 day moving average price of $16.77.

About Legal & General Group

(Get Free Report)

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.

Further Reading

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