Legal & General Group (OTCMKTS:LGGNY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Legal & General Group (OTCMKTS:LGGNY) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Separately, Jefferies Financial Group cut Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Legal & General Group Trading Up 1.6%

Shares of OTCMKTS:LGGNY opened at $18.54 on Monday. Legal & General Group has a 12-month low of $15.25 and a 12-month high of $18.87. The business has a 50 day moving average of $17.63 and a 200-day moving average of $17.43. The company has a debt-to-equity ratio of 2.12, a quick ratio of 3.18 and a current ratio of 3.18.

About Legal & General Group

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.