Lloyds Banking Group PLC Rating Reiterated by BNP Paribas (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “outperform” rating restated by research analysts at BNP Paribas in a report released on Friday, Analyst RN reports. They currently have a GBX 110 ($1.81) price objective on the stock. BNP Paribas’ target price points to a potential upside of 32.05% from the stock’s previous close.
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 83.30 on Friday. Lloyds Banking Group PLC has a one year low of GBX 46.061 and a one year high of GBX 86.77. The stock has a 50-day moving average of GBX 80.69 and a 200-day moving average of GBX 76.36. The company’s market cap is £42.196 billion.
A number of other analysts have also recently weighed in on LLOY. Analysts at Numis Securities Ltd raised their price target on shares of Lloyds Banking Group PLC from GBX 85 ($1.40) to GBX 97 ($1.60) in a research note to investors on Thursday. They now have an “add” rating on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note to investors on Thursday. They now have a GBX 68 ($1.12) price target on the stock. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 144.84 ($2.39).
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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