Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $17.60 and traded as low as $16.00. Legal & General Group shares last traded at $16.00, with a volume of 44,614 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded Legal & General Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Legal & General Group currently has an average rating of “Reduce”.
View Our Latest Analysis on LGGNY
Legal & General Group Trading Down 1.3%
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.
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