Lloyds Banking Group PLC Given Add Rating at Numis Securities Ltd (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “add” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Monday, Analyst Ratings News reports. They currently have a GBX 85 ($1.36) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 11.81% from the company’s current price.
Lloyds Banking Group PLC (LON:LLOY) opened at 74.93 on Monday. Lloyds Banking Group PLC has a 52-week low of GBX 39.045 and a 52-week high of GBX 78.78. The stock’s 50-day moving average is GBX 74.94 and its 200-day moving average is GBX 62.0. The company’s market cap is £53.969 billion.
A number of other firms have also recently commented on LLOY. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a GBX 90 ($1.44) price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Thursday. They now have a GBX 55.10 ($0.88) price target on the stock. Finally, analysts at Macquarie reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note to investors on Thursday. They now have a GBX 614 ($9.80) price target on the stock. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nineteen have given a buy rating to the company’s stock. Lloyds Banking Group PLC presently has an average rating of “Hold” and an average price target of GBX 89.26 ($1.42).
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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