Lloyds Banking Group PLC Receives Neutral Rating from Citigroup Inc. (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 80 ($1.25) price target on the stock. Citigroup Inc.’s target price suggests a potential upside of 5.28% from the company’s current price.
A number of other analysts have also recently weighed in on LLOY. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note to investors on Wednesday. They now have a GBX 77 ($1.20) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note to investors on Tuesday. They now have a GBX 85 ($1.33) price target on the stock. Finally, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note to investors on Monday.
Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nineteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 91.01 ($1.42).
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 0.25% on Thursday, hitting GBX 75.80. 134,315,744 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 73.47 and a 200-day moving average of GBX 61.07. The company’s market cap is £54.596 billion.
Lloyds Banking Group plc, is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.
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