Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $20.44, but opened at $19.73. Legal & General Group shares last traded at $19.82, with a volume of 1,352 shares traded.
Analysts Set New Price Targets
A number of research analysts have weighed in on LGGNY shares. The Goldman Sachs Group lowered shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. UBS Group downgraded shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Jefferies Financial Group cut shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a research report on Monday, May 4th. Citigroup downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Saturday, August 8th. Finally, Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Strong Sell”.
Check Out Our Latest Analysis on Legal & General Group
Legal & General Group Trading Down 3.4%
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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