Legal & General Group (OTCMKTS:LGGNY) Stock Rating Lowered by UBS Group

Legal & General Group (OTCMKTS:LGGNYGet Free Report) was downgraded by UBS Group from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also issued reports on LGGNY. Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Citigroup lowered Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. Jefferies Financial Group cut Legal & General Group from a “hold” rating to a “moderate sell” rating in a research note on Monday, May 4th. Finally, The Goldman Sachs Group downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Tuesday. One research analyst has rated the stock with a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Sell”.

Check Out Our Latest Report on LGGNY

Legal & General Group Price Performance

Shares of LGGNY opened at $20.62 on Tuesday. The company has a 50-day simple moving average of $19.76 and a two-hundred day simple moving average of $18.33. The company has a debt-to-equity ratio of 2.12, a quick ratio of 3.18 and a current ratio of 3.18. Legal & General Group has a one year low of $15.25 and a one year high of $21.60.

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

Analyst Recommendations for Legal & General Group (OTCMKTS:LGGNY)

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