Legal & General Group (OTCMKTS:LGGNY - Get Free Report) was downgraded by investment analysts at UBS Group from a "strong-buy" rating to a "hold" rating in a report issued on Tuesday,Zacks.com reports.
A number of other equities analysts also recently commented on the stock. Royal Bank Of Canada downgraded shares of Legal & General Group from a "hold" rating to a "strong sell" rating in a research note on Tuesday, July 22nd. Hsbc Global Res upgraded shares of Legal & General Group to a "hold" rating in a research note on Monday, May 19th. Finally, The Goldman Sachs Group downgraded shares of Legal & General Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 2nd. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Legal & General Group currently has an average rating of "Reduce".
View Our Latest Stock Analysis on Legal & General Group
Legal & General Group Trading Down 0.5%
LGGNY stock traded down $0.0850 during trading hours on Tuesday, reaching $17.4550. 13,192 shares of the stock were exchanged, compared to its average volume of 24,998. The firm's 50-day moving average is $17.22 and its 200-day moving average is $16.39. The company has a debt-to-equity ratio of 2.19, a current ratio of 2.90 and a quick ratio of 2.90. Legal & General Group has a 12 month low of $13.51 and a 12 month high of $17.99.
About Legal & General Group
(
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Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
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