Legal General Group PLC (LON:LGEN) Stock Rating Reconfirmed at Deutsche Bank; The GBX 305.00 Target Indicates 12.40% Potential; OTC MARKETS GROUP (OTCM) Shorts Decreased By 80%

London: In a note shared with investors and clients on Thursday, 4 January, Deutsche Bank restate their Hold rating on shares of Legal General Group PLC (LON:LGEN). They currently have a GBX 305.00 target price on the firm. Deutsche Bank’s target would suggest a potential upside of 12.40% from the company’s last stock close.

OTC MARKETS GROUP (OTCMKTS:OTCM) had a decrease of 80% in short interest. OTCM’s SI was 100 shares in January as released by FINRA. Its down 80% from 500 shares previously. It closed at $29.7 lastly. It is down 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.

OTC Markets Group Inc. operates financial markets for the United States and international securities. The company has market cap of $339.91 million. It offers OTC Link Alternative Trading System, which directly links a network of brokers-dealers providing liquidity and execution services for a spectrum of securities. It has a 28.23 P/E ratio. The firm also provides investors, traders, institutions, and regulators with a suite of enterprise and user market data licenses through direct or extranet connectivity, third party market data redistributors, or order management systems.

The stock increased 0.45% or GBX 1.2 during the last trading session, reaching GBX 270.6. About 3.46M shares traded. Legal & General Group Plc (LON:LGEN) has 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.

Legal & General Group Plc provides various insurance services and products worldwide. The company has market cap of 16.07 billion GBP. It operates through Legal & General Retirement , Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), Savings, and General Insurance (GI) divisions. It has a 10.49 P/E ratio. The LGR segment provides annuity contracts with guaranteed income for a specified time; longevity insurance products for firm pension schemes; and lifetime mortgages.