Legal & General Group Plc (OTCMKTS:LGGNY – Get Rating) has been given an average rating of “Hold” by the ten brokerages that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts who have updated their coverage on the stock in the last year is $338.33.
Several analysts have issued reports on the company. Morgan Stanley dropped their price target on Legal & General Group from GBX 295 ($3.62) to GBX 285 ($3.50) in a…
On March 8, the Consumer Financial Protection Bureau (CFPB) published a special edition of its Supervisory Highlights report that focused on back-end fees charged to consumers in connection with deposits, auto servicing, mortgage servicing, payday and small-dollar lending, and student loan servicing. In the CFPB’s view, nearly all of the fee practices highlighted in the report constitute unfair, deceptive, or abusive acts or practices (UDAAPs) in violation of federal law. the Supervisory Highlights report is another attempt by the CFPB to pressure financial service providers to reform fee practices involving so-called “junk” fees.
Highlighted fee practices
The CFPB noted several…