Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 74,944 shares changed hands during mid-day trading, an increase of 18% from the previous session’s volume of 63,690 shares.The stock last traded at $20.61 and had previously closed at $20.54.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Citigroup lowered shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Saturday. The Goldman Sachs Group cut Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Tuesday. Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Finally, Jefferies Financial Group lowered Legal & General Group from a “hold” rating to a “moderate sell” rating in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Sell”.
Check Out Our Latest Research Report on Legal & General Group
Legal & General Group Price Performance
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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