Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 20,100 shares, a growth of 16.9% from the November 15th total of 17,200 shares. Based on an average daily trading volume, of 182,500 shares, the days-to-cover ratio is currently 0.1 days.
Legal & General Group Stock Performance
Shares of LGGNY traded down $0.18 during midday trading on Monday, reaching $14.66. The stock had a trading volume of 52,982 shares, compared to its average volume of 61,424. The firm has a 50 day simple moving average of $14.45 and a 200-day simple moving average of $14.75. Legal & General Group has a one year low of $13.70 and a one year high of $16.74.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Legal & General Group from a "strong sell" rating to a "strong-buy" rating in a report on Thursday, December 5th. UBS Group raised Legal & General Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th.
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Legal & General Group Company Profile
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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 Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.
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