Legal & General Group (OTCMKTS:LGGNY) Shares Cross Above 50 Day Moving Average – What’s Next?

Legal & General Group PLC (OTCMKTS:LGGNY) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.00 and traded as high as $18.48. Legal & General Group shares last traded at $18.28, with a volume of 21,431 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Legal & General Group Price Performance

The stock’s 50-day moving average price is $18.00 and its 200 day moving average price is $16.89.

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.