Legal & General Group (OTCMKTS:LGGNY) Lowered to "Moderate Sell" Rating by Jefferies Financial Group

Key Points

• Analyst downgrades: Jefferies cut Legal & General (OTCMKTS:LGGNY) from "hold" to moderate sell, Zacks Research moved it to "strong sell," and MarketBeat's consensus rating is "Reduce" (three Hold, three Sell).
• Market and balance-sheet snapshot: Shares opened at $17.19 with 50‑day/200‑day SMAs around $17.18/$17.08 and a 12‑month range of $15.25–$18.87; the company reports a high current ratio (3.18) but an elevated debt‑to‑equity ratio (2.12).

Legal & General Group (OTCMKTS:LGGNY - Get Free Report) was downgraded by Jefferies Financial Group from a "hold" rating to a "moderate sell" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Zacks Research downgraded shares of Legal & General Group from a "hold" rating to a "strong sell" rating in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce".

Legal & General Group Stock Down 0.9%

OTCMKTS:LGGNY opened at $17.19 on Monday. The firm has a fifty day simple moving average of $17.18 and a 200-day simple moving average of $17.08. Legal & General Group has a 12 month low of $15.25 and a 12 month high of $18.87. The company has a current ratio of 3.18, a quick ratio of 3.18 and a debt-to-equity ratio of 2.12.

Legal & General Group Company Profile

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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