Lloyds Banking Group PLC Given Overweight Rating at Barclays (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Tuesday, Analyst RN reports. They currently have a GBX 85 ($1.38) price target on the stock. Barclays’ price objective indicates a potential upside of 6.76% from the company’s current price.
A number of other analysts have also recently weighed in on LLOY. Analysts at Jefferies Group reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a GBX 69 ($1.12) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a GBX 100 ($1.62) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a GBX 59 ($0.95) price target on the stock. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 111.23 ($1.80).
Lloyds Banking Group PLC (LON:LLOY) traded down 2.77% on Tuesday, hitting GBX 78.14. 166,871,120 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52-week low of GBX 39.646 and a 52-week high of GBX 80.87. 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 £56.281 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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