Lloyds Banking Group PLC Rating Reiterated by Beaufort Securities (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “hold” rating reiterated by equities researchers at Beaufort Securities in a research report issued on Friday, Analyst RN reports.
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 1.07% during mid-day trading on Friday, hitting GBX 80.45. 191,838,944 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 82.07 and its 200-day moving average is GBX 77.21. The company’s market cap is £40.753 billion.
A number of other firms have also recently commented on LLOY. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 68 ($1.12) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 70 ($1.15) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 85 ($1.39) price target on the stock. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nineteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 123.56 ($2.03).
Lloyds Banking Group plc is a holding company. The Company 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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