Legal & General Group Plc (OTCMKTS:LGGNY – Get Rating) was the target of a large increase in short interest in November. As of November 30th, there was short interest totaling 39,300 shares, an increase of 6.2% from the November 15th total of 37,000 shares. Based on an average daily volume of 45,700 shares, the days-to-cover ratio is presently 0.9 days.
Legal & General Group Stock Performance
Shares of OTCMKTS LGGNY opened at $15.04 on Friday. The firm has a 50 day moving average of $14.29 and a 200 day moving average of $14.85. Legal & General Group has a 12-month low of $11.18 and a 12-month high of $21.50.
Analysts Set New Price Targets
A number of analysts have recently commented on the stock. UBS Group upgraded shares of Legal & General Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 15th. Barclays lifted their price target on shares of Legal & General Group from GBX 390 ($4.78) to GBX 397 ($4.87) in a research note on Tuesday, November 22nd. 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. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Legal & General Group from GBX 330 ($4.05) to GBX 285 ($3.50) in a research note on Thursday, October 27th. Finally, Exane BNP Paribas upgraded shares of Legal & General Group from a “neutral” rating to an “outperform” rating in a research note on Friday, November 18th. Four equity research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Legal & General Group has a consensus rating of “Moderate Buy” and a consensus price target of $331.75.
Legal & General Group Company Profile
(Get Rating)
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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