Legal & General Group (OTCMKTS:LGGNY) Downgraded by UBS Group to Strong Sell

UBS Group lowered shares of Legal & General Group (OTCMKTS:LGGNYFree Report) from a hold rating to a strong sell rating in a research note released on Tuesday,Zacks.com reports.

Several other research firms have also issued reports on LGGNY. Citigroup lowered Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Saturday, August 8th. The Goldman Sachs Group downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Jefferies Financial Group lowered shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Finally, Zacks Research upgraded shares of Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Sell”.

View Our Latest Analysis on LGGNY

Legal & General Group Stock Performance

Shares of OTCMKTS:LGGNY opened at $20.62 on Tuesday. The business’s 50 day simple moving average is $19.76 and its 200 day simple moving average is $18.33. Legal & General Group has a 1 year low of $15.25 and a 1 year high of $21.60. The company has a debt-to-equity ratio of 2.12, a current ratio of 3.18 and a quick ratio of 3.18.

About Legal & General Group

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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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Analyst Recommendations for Legal & General Group (OTCMKTS:LGGNY)

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