Lloyds Banking Group PLC Given Hold Rating at Jefferies Group (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Monday, AR Network reports. They currently have a GBX 69 ($1.13) target price on the stock. Jefferies Group’s price objective suggests a potential downside of 13.74% from the stock’s previous close.
LLOY has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday. They now have a GBX 110 ($1.81) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Lloyds Banking Group PLC from GBX 85 ($1.40) to GBX 97 ($1.59) in a research note to investors on Thursday. They now have an “add” rating on the stock. Finally, 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 investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 147.80 ($2.43).
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 3.97% on Monday, hitting GBX 79.99. 196,573,792 shares of the company’s stock traded hands. 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 80.9 and its 200-day moving average is GBX 76.5. The company’s market cap is £40.520 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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