Legal & General Group (OTCMKTS:LGGNY) Stock Passes Above 50-Day Moving Average – Here’s Why

Shares of Legal & General Group Plc (OTCMKTS:LGGNYGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.33 and traded as high as $14.64. Legal & General Group shares last traded at $14.51, with a volume of 34,859 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. The Goldman Sachs Group raised shares of Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, December 5th. UBS Group upgraded Legal & General Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th.

Get Our Latest Report on Legal & General Group

Legal & General Group Trading Down 0.2 %

The stock’s 50-day moving average is $14.35 and its 200 day moving average 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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