Legal & General Group (OTCMKTS:LGGNY) Lowered to “Moderate Sell” Rating by Jefferies Financial Group

Legal & General Group (OTCMKTS:LGGNY) was downgraded by Jefferies Financial Group from a “hold” rating to a “moderate sell” rating in a report issued on Monday,Zacks.com reports.

Separately, Zacks Research cut Legal & General Group from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Legal & General Group Stock Down 0.9%

OTCMKTS:LGGNY opened at $17.19 on Monday. Legal & General Group has a 52 week low of $15.25 and a 52 week high of $18.87. The company has a debt-to-equity ratio of 2.12, a quick ratio of 3.18 and a current ratio of 3.18. The stock’s 50-day moving average price is $17.18 and its 200-day moving average price is $17.08.

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.