ValuEngine Lowers Leg & Gen Grp P/S (LGGNY) to Sell

ValuEngine downgraded shares of Leg & Gen Grp P/S (OTCMKTS:LGGNY) from a hold rating to a sell rating in a research report released on Tuesday morning.

Separately, Zacks Investment Research upgraded Leg & Gen Grp P/S from a hold rating to a buy rating and set a $18.00 price objective for the company in a report on Friday, August 24th.

Shares of OTCMKTS:LGGNY opened at $16.12 on Tuesday. Leg & Gen Grp P/S has a 12-month low of $15.83 and a 12-month high of $19.96. The company has a market cap of $20.69 billion, a PE ratio of 8.27 and a beta of 1.41.

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 5th. Investors of record on Monday, August 20th were paid a $0.267 dividend. The ex-dividend date was Friday, August 17th. Leg & Gen Grp P/S’s dividend payout ratio (DPR) is currently 27.69%.

About Leg & Gen Grp P/S

Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and General Insurance (GI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; and lifetime mortgages.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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