Legal & General Group (OTCMKTS:LGGNY) Sets New 12-Month High – What’s Next?

Legal & General Group PLC (OTCMKTS:LGGNY) shares hit a new 52-week high on Thursday . The company traded as high as $20.46 and last traded at $20.46, with a volume of 14494 shares changing hands. The stock had previously closed at $19.97.

Analysts Set New Price Targets

Several analysts recently commented on LGGNY shares. Jefferies Financial Group cut shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a report on Monday, May 4th. Zacks Research upgraded shares of Legal & General Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Legal & General Group Trading Up 0.0%

The company has a debt-to-equity ratio of 2.12, a quick ratio of 3.18 and a current ratio of 3.18. The business’s fifty day moving average price is $19.32 and its two-hundred day moving average price is $18.15.

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.