Legal & General Group (OTCMKTS:LGGNY) Stock Rating Lowered by UBS Group

Legal & General Group (OTCMKTS:LGGNYGet Free Report) was downgraded by UBS Group from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on LGGNY. The Goldman Sachs Group downgraded Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Tuesday. Zacks Research raised shares of Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Jefferies Financial Group lowered Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Finally, Citigroup cut Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Strong Sell”.

Check Out Our Latest Analysis on LGGNY

Legal & General Group Trading Up 0.4%

OTCMKTS:LGGNY opened at $20.62 on Tuesday. The company has a debt-to-equity ratio of 2.12, a current ratio of 3.18 and a quick ratio of 3.18. The business’s fifty day moving average price is $19.76 and its 200 day moving average price is $18.33. Legal & General Group has a 12 month low of $15.25 and a 12 month high of $21.60.

About Legal & General Group

(Get Free Report)

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.

Further Reading

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

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