Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) saw strong trading volume on Wednesday. Approximately 207,947 shares were traded during trading, an increase of 210% from the previous session’s volume of 67,150 shares. The stock last traded at $20.3850 and had previously closed at $20.26.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on LGGNY. Citigroup downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Saturday, August 8th. The Goldman Sachs Group cut shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, UBS Group cut shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Sell”.
View Our Latest Stock Analysis on Legal & General Group
Legal & General Group Price Performance
The stock’s 50-day moving average is $19.88 and its 200 day moving average is $19.15.
About Legal & General Group
Legal & General Group plc is a United Kingdom-based financial services company that provides insurance, retirement, investment management and asset management solutions. Its businesses serve individual customers, employers, pension schemes, financial institutions and other organizations.
The company’s retirement operations provide products and services including annuities, pension risk transfer solutions and workplace retirement plans. Its retail business offers life insurance, protection products, savings and retirement solutions, while its investment businesses manage assets for institutional and individual investors across a range of public and private markets.
Founded in 1836, Legal & General has developed from a life insurance provider into a diversified financial services group.
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