Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) shares saw unusually-strong trading volume on Wednesday. Approximately 207,947 shares were traded during mid-day trading, an increase of 210% from the previous session’s volume of 67,150 shares. The stock last traded at $20.3850 and had previously closed at $20.26.
Analysts Set New Price Targets
Several equities analysts have recently commented on LGGNY shares. UBS Group cut shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Citigroup downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. Finally, The Goldman Sachs Group lowered shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Legal & General Group presently has a consensus rating of “Strong Sell”.
View Our Latest Stock Report on LGGNY
Legal & General Group Price Performance
The stock’s 50 day moving average price is $19.87 and its 200 day moving average price is $19.20.
Legal & General Group Company Profile
Legal & General Group plc is a United Kingdom-based financial services company that provides insurance, retirement, investment management and asset management solutions. Its businesses serve individual customers, employers, pension schemes, financial institutions and other organizations.
The company’s retirement operations provide products and services including annuities, pension risk transfer solutions and workplace retirement plans. Its retail business offers life insurance, protection products, savings and retirement solutions, while its investment businesses manage assets for institutional and individual investors across a range of public and private markets.
Founded in 1836, Legal & General has developed from a life insurance provider into a diversified financial services group.
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