The Goldman Sachs Group Downgrades Legal & General Group (OTCMKTS:LGGNY) to Hold

Legal & General Group (OTCMKTS:LGGNY) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Separately, Hsbc Global Res upgraded shares of Legal & General Group to a “hold” rating in a report on Monday, May 19th.

Legal & General Group Stock Performance

LGGNY opened at $16.91 on Wednesday. Legal & General Group has a 52-week low of $13.51 and a 52-week high of $17.56. 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 firm’s 50-day moving average price is $16.58 and its 200-day moving average price is $15.69.

Legal & General Group Company Profile

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.