Legal & General Group (OTCMKTS:LGGNY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Legal & General Group Plc (OTCMKTS:LGGNYGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.56 and traded as high as $15.49. Legal & General Group shares last traded at $15.21, with a volume of 141,808 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on LGGNY. The Goldman Sachs Group upgraded shares of Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, December 5th. UBS Group raised shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th.

Read Our Latest Report on LGGNY

Legal & General Group Stock Performance

The business’s 50 day moving average price is $14.56 and its 200 day moving average price is $14.60.

About Legal & General Group

(Get Free Report)

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.

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