Legal & General Group PLC (OTCMKTS:LGGNY - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $16.84, but opened at $15.83. Legal & General Group shares last traded at $15.91, with a volume of 20,699 shares changing hands.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. The Goldman Sachs Group lowered Legal & General Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 2nd. UBS Group lowered Legal & General Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Royal Bank Of Canada downgraded Legal & General Group from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 22nd. Finally, Hsbc Global Res raised Legal & General Group to a "hold" rating in a research report on Monday, May 19th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Legal & General Group currently has a consensus rating of "Reduce".
Check Out Our Latest Research Report on Legal & General Group
Legal & General Group Price Performance
The company has a fifty day moving average price of $17.11 and a 200 day moving average price of $16.47. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 2.19.
Legal & General Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, October 3rd. Investors of record on Monday, August 25th will be issued a $0.3816 dividend. This represents a dividend yield of 773.0%. The ex-dividend date of this dividend is Friday, August 22nd.
About Legal & General Group
(
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.
Read More
Before you consider Legal & General Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Legal & General Group wasn't on the list.
While Legal & General Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
