Zacks Research lowered shares of Legal & General Group (OTCMKTS:LGGNY – Free Report) from a strong-buy rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.
Legal & General Group Trading Down 0.3%
Shares of OTCMKTS:LGGNY traded down $0.05 during trading on Thursday, reaching $17.21. 39,650 shares of the stock were exchanged, compared to its average volume of 34,352. The stock has a 50-day moving average price of $18.00 and a 200-day moving average price of $16.89. Legal & General Group has a 12 month low of $13.64 and a 12 month high of $18.87.
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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