Lloyds Banking Group PLC’s Buy Rating Reaffirmed at Investec (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reiterated by research analysts at Investec in a report released on Friday, ARN reports.
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 84.00 on Friday. Lloyds Banking Group PLC has a 52-week low of GBX 46.061 and a 52-week high of GBX 86.77. The stock’s 50-day moving average is GBX 79.18 and its 200-day moving average is GBX 75.11. The company’s market cap is £42.551 billion.
A number of other analysts have also recently weighed in on LLOY. 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. Separately, 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. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday, January 7th. They now have a GBX 100 ($1.65) price target on the stock. Four analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 144.11 ($2.37).
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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