Legal & General Group (LGGNY) Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Legal & General Group (OTCMKTS:LGGNY) from a buy rating to a hold rating in a report published on Friday.

According to Zacks, “LEGAL & GENERAL is a leading UK risk, savings and investment group. Legal & General today provides life assurance and other financial protection products, annuities and long-term savings products including ISA’s and pensions. With over £250 billion in funds under management, it is also the largest investor for UK pension funds. Legal & General has over 5.5 million UK customers. Their products are sold through over thirty bank and building society relationships, through Independent Financial Advisers and also directly to customers. Legal & General Assurance Society Limited, their principal operating company, is one of Europe’s top rated life companies for financial strength, with an AA+ rating from Standard & Poor’s and Aa1 from Moody’s. “

Separately, Societe Generale downgraded shares of Legal & General Group from a hold rating to a sell rating in a report on Tuesday, November 28th.

Legal & General Group (OTCMKTS:LGGNY) opened at $17.74 on Friday. Legal & General Group has a 12 month low of $15.06 and a 12 month high of $19.93.

WARNING: This article was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another website, it was illegally copied and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/13/legal-general-group-lggny-lowered-to-hold-at-zacks-investment-research.html.

Legal & General Group Company Profile

Legal & General Group Plc is a holding company. The Company, together with its subsidiaries, transacts life assurance and long-term savings business, investment management and general insurance and health business. It operates through six segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings and General Insurance (GI).

Get a free copy of the Zacks research report on Legal & General Group (LGGNY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Legal & General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legal & General Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply