Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 231,800 shares, a growth of 611.0% from the December 15th total of 32,600 shares. Based on an average trading volume of 154,700 shares, the short-interest ratio is currently 1.5 days.
Legal & General Group Trading Up 1.0 %
LGGNY traded up $0.13 during trading on Monday, hitting $13.74. 132,533 shares of the stock were exchanged, compared to its average volume of 87,419. Legal & General Group has a 1-year low of $13.51 and a 1-year high of $16.74. The stock has a fifty day moving average price of $14.33 and a two-hundred day moving average price of $14.61.
Wall Street Analysts Forecast Growth
LGGNY has been the subject of several recent analyst reports. The Goldman Sachs Group upgraded shares of Legal & General Group from a "strong sell" rating to a "strong-buy" rating in a research report on Thursday, December 5th. UBS Group upgraded shares of Legal & General Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 5th.
Get Our Latest Stock Analysis on Legal & General Group
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.
See Also
Before you consider Legal & General Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Legal & General Group wasn't on the list.
While Legal & General Group currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.