Lloyds Banking Group PLC Rating Reiterated by BNP Paribas (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “outperform” rating restated by equities researchers at BNP Paribas in a research report issued on Thursday, American Banking and Market News reports. They currently have a GBX 90 ($1.44) target price on the stock. BNP Paribas’ target price would indicate a potential upside of 17.65% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Wednesday. They now have a GBX 50 ($0.80) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a GBX 85 ($1.36) price target on the stock. Finally, 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. Four analysts have rated the stock with a sell rating, ten have given a hold rating and twenty have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 108.53 ($1.73).
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 0.38% during mid-day trading on Thursday, hitting GBX 76.50. The stock had a trading volume of 119,731,152 shares. Lloyds Banking Group PLC has a one year low of GBX 39.236 and a one year high of GBX 78.78. The stock’s 50-day moving average is GBX 75.06 and its 200-day moving average is GBX 65.51. The company’s market cap is £55.100 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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