Legal & General Group PLC (OTCMKTS:LGGNY) Given Consensus Recommendation of “Reduce” by Analysts

Legal & General Group PLC (OTCMKTS:LGGNY) has received a consensus recommendation of “Reduce” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company.

A number of brokerages have recently issued reports on LGGNY. Zacks Research downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Jefferies Financial Group lowered shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a research report on Monday.

Legal & General Group Trading Down 0.9%

Legal & General Group stock opened at $17.19 on Tuesday. The company has a quick ratio of 3.18, a current ratio of 3.18 and a debt-to-equity ratio of 2.12. Legal & General Group has a fifty-two week low of $15.25 and a fifty-two week high of $18.87. The firm’s fifty day moving average price is $17.18 and its 200-day moving average price is $17.08.

Legal & General Group Company Profile

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.