Legal & General Group PLC (OTCMKTS:LGGNY – Get Free Report) shares saw unusually-strong trading volume on Wednesday. 207,947 shares changed hands during trading, an increase of 210% from the previous session’s volume of 67,150 shares. The stock last traded at $20.3850 and had previously closed at $20.26.
Analyst Ratings Changes
Several brokerages have commented on LGGNY. Citigroup lowered shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 8th. The Goldman Sachs Group cut shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, UBS Group downgraded shares of Legal & General Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Strong Sell”.
View Our Latest Research Report on LGGNY
Legal & General Group Stock Performance
Legal & General Group Company Profile
Legal & General Group plc is a United Kingdom-based financial services company that provides insurance, retirement, investment management and asset management solutions. Its businesses serve individual customers, employers, pension schemes, financial institutions and other organizations.
The company’s retirement operations provide products and services including annuities, pension risk transfer solutions and workplace retirement plans. Its retail business offers life insurance, protection products, savings and retirement solutions, while its investment businesses manage assets for institutional and individual investors across a range of public and private markets.
Founded in 1836, Legal & General has developed from a life insurance provider into a diversified financial services group.
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