Legal & General Group (OTCMKTS:LGGNY) Downgraded to “Hold” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft lowered shares of Legal & General Group (OTCMKTS:LGGNYGet Rating) from a buy rating to a hold rating in a research note issued to investors on Tuesday, The Fly reports.

Other research analysts have also recently issued research reports about the stock. Barclays raised their price target on shares of Legal & General Group from GBX 390 ($4.75) to GBX 397 ($4.84) in a report on Tuesday, November 22nd. Exane BNP Paribas raised shares of Legal & General Group from a neutral rating to an outperform rating in a report on Friday, November 18th. BNP Paribas upgraded shares of Legal & General Group from a neutral rating to an outperform rating in a research note on Friday, November 18th. Bank of America lowered shares of Legal & General Group from a buy rating to a neutral rating in a research note on Tuesday, November 15th. Finally, UBS Group upgraded shares of Legal & General Group from a sell rating to a neutral rating in a research note on Tuesday, November 15th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of Hold and a consensus target price of $331.75.

Legal & General Group Stock Down 0.3 %

OTCMKTS LGGNY opened at $15.74 on Tuesday. The company has a fifty day simple moving average of $15.09 and a two-hundred day simple moving average of $14.80. Legal & General Group has a 12-month low of $11.18 and a 12-month high of $21.50.

About Legal & General Group

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Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI).

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