Legal & General Group (OTCMKTS:LGGNY) Upgraded to “Hold” at Zacks Research

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

Separately, Jefferies Financial Group lowered shares of Legal & General Group from a “hold” rating to a “moderate sell” rating in a report 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 company. According to MarketBeat, the company has an average rating of “Reduce”.

Legal & General Group Stock Up 1.6%

LGGNY 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. Legal & General Group has a 52-week low of $15.25 and a 52-week high of $18.87. The company has a 50 day moving average of $17.63 and a two-hundred day moving average of $17.43.

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.