Lloyds Banking Group PLC Rating Reiterated by Sanford C. Bernstein (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “outperform” rating reaffirmed by Sanford C. Bernstein in a research note issued on Friday, Analyst Ratings Network reports. They currently have a GBX 100 ($1.65) price objective on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 19.73% from the company’s current price.
A number of other firms have also recently commented on LLOY. Analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday. Separately, 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. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday, January 7th. They now have a GBX 724 ($11.93) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-one have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 147.11 ($2.42).
Lloyds Banking Group PLC (LON:LLOY) traded down 0.69% on Friday, hitting GBX 83.52. The stock had a trading volume of 173,480,512 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’s 50-day moving average is GBX 79.35 and its 200-day moving average is GBX 75.17. The company’s market cap is £42.308 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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