Legal & General Group PLC (OTCMKTS:LGGNY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.23 and traded as high as $17.38. Legal & General Group shares last traded at $17.33, with a volume of 15,670 shares trading hands.
Analysts Set New Price Targets
LGGNY has been the subject of a number of research reports. Royal Bank Of Canada downgraded shares of Legal & General Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 22nd. Hsbc Global Res raised shares of Legal & General Group to a "hold" rating in a research report on Monday, May 19th. The Goldman Sachs Group downgraded shares of Legal & General Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 2nd. Finally, UBS Group downgraded shares of Legal & General Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Legal & General Group has a consensus rating of "Reduce".
Read Our Latest Stock Report on LGGNY
Legal & General Group Stock Performance
The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.90 and a current ratio of 2.90. The stock's 50 day moving average is $17.23 and its 200 day moving average is $16.42.
Legal & General Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, October 3rd. Investors of record on Monday, August 25th will be paid a dividend of $0.3816 per share. This represents a dividend yield of 773.0%. The ex-dividend date is Friday, August 22nd.
Legal & General Group Company Profile
(
Get Free Report)
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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