Legal & General Group (OTCMKTS:LGGNY) Cut to “Hold” at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Legal & General Group (OTCMKTS:LGGNY) from a strong-buy rating to a hold rating in a report released on Wednesday,Zacks.com reports.

Separately, Hsbc Global Res raised shares of Legal & General Group to a “hold” rating in a research report on Monday, May 19th.

Legal & General Group Stock Performance

Legal & General Group stock opened at $17.09 on Wednesday. Legal & General Group has a 1-year low of $13.51 and a 1-year high of $17.56. The company has a fifty day simple moving average of $16.61 and a 200 day simple moving average of $15.73. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 2.19.

About Legal & General Group

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.