Legal & General Group (OTCMKTS:LGGNY) Sets New 1-Year High – Time to Buy?

Legal & General Group PLC (OTCMKTS:LGGNYGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $18.35 and last traded at $18.32, with a volume of 6718 shares traded. The stock had previously closed at $17.97.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Legal & General Group

Legal & General Group Trading Up 1.9%

The stock’s 50-day moving average is $17.10 and its 200-day moving average is $16.69.

About Legal & General Group

(Get Free Report)

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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