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
(
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.
Recommended Stories
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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
