Lloyds Banking Group PLC Given Neutral Rating at JPMorgan Chase & Co. (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 811 ($13.31) target price on the stock.
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 0.73% during mid-day trading on Friday, hitting GBX 82.914. The stock had a trading volume of 55,220,292 shares. Lloyds Banking Group PLC has a 1-year low of GBX 46.061 and a 1-year high of GBX 86.77. The stock has a 50-day moving average of GBX 79.35 and a 200-day moving average of GBX 75.17. The company’s market cap is £42.001 billion.
A number of other firms have also recently commented on LLOY. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday. They now have a GBX 100 ($1.64) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Wednesday, January 8th. They now have a GBX 110 ($1.81) price target on the stock. Four analysts have rated the stock with a sell rating, nine have given a hold rating and twenty have issued a buy rating to the stock. Lloyds Banking Group PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 146.42 ($2.40).
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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