Shares of LEG & GEN GRP P/S (OTCMKTS:LGGNY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $13.99 and traded as high as $14.21. LEG & GEN GRP P/S shares last traded at $14.05, with a volume of 8,256 shares changing hands.
A number of brokerages have weighed in on LGGNY. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of LEG & GEN GRP P/S in a research report on Tuesday, July 14th. Berenberg Bank began coverage on shares of LEG & GEN GRP P/S in a research report on Tuesday, June 23rd. They set a “hold” rating on the stock. Deutsche Bank reissued a “buy” rating on shares of LEG & GEN GRP P/S in a research report on Wednesday, July 15th. Morgan Stanley reissued an “underweight” rating on shares of LEG & GEN GRP P/S in a research report on Tuesday, July 14th. Finally, ValuEngine cut shares of LEG & GEN GRP P/S from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 3rd. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $14.00.
The company has a quick ratio of 3.27, a current ratio of 3.27 and a debt-to-equity ratio of 0.54. The firm’s 50 day simple moving average is $13.99 and its two-hundred day simple moving average is $14.79. The stock has a market cap of $16.75 billion, a P/E ratio of 7.21 and a beta of 1.58.
Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments.
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