Legal & General Group (OTCMKTS:LGGNY) Upgraded at Zacks Research

Legal & General Group (OTCMKTS:LGGNY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Jefferies Financial Group downgraded Legal & General Group from a “hold” rating to a “moderate sell” rating in a research note on Monday, May 4th. Three equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Legal & General Group Trading Up 1.6%

Shares of LGGNY stock opened at $18.54 on Monday. The company has a current ratio of 3.18, a quick ratio of 3.18 and a debt-to-equity ratio of 2.12. The company’s fifty day moving average price is $17.63 and its two-hundred day moving average price is $17.43. Legal & General Group has a 12 month low of $15.25 and a 12 month high of $18.87.

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.