The Goldman Sachs Group downgraded shares of Legal & General Group (OTCMKTS:LGGNY - Free Report) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.
Separately, Hsbc Global Res raised Legal & General Group to a "hold" rating in a report on Monday, May 19th.
Read Our Latest Stock Analysis on Legal & General Group
Legal & General Group Trading Up 1.0%
Shares of OTCMKTS:LGGNY traded up $0.18 during midday trading on Wednesday, reaching $17.09. 25,830 shares of the company's stock traded hands, compared to its average volume of 119,875. 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 has a one year low of $13.51 and a one year high of $17.56. The stock has a 50 day moving average of $16.61 and a 200 day moving average of $15.74.
Legal & General Group Company Profile
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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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