Legal & General Group (OTCMKTS:LGGNY) Rating Increased to Strong Sell at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Legal & General Group (OTCMKTS:LGGNY) to a strong sell rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

Separately, Barclays upgraded shares of Legal & General Group to a strong-buy rating in a research report on Wednesday, July 31st.

Legal & General Group Price Performance

LGGNY opened at $14.84 on Wednesday. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 1.28. The firm has a fifty day moving average price of $14.74 and a 200 day moving average price of $15.31. Legal & General Group has a 1 year low of $12.38 and a 1 year high of $16.74.

Legal & General Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, August 23rd will be given a dividend of $0.3567 per share. The ex-dividend date of this dividend is Friday, August 23rd.

About Legal & General Group

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.