Lloyds Banking Group PLC Rating Reiterated by UBS AG (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reiterated by investment analysts at UBS AG in a note issued to investors on Friday, AR Network reports. They currently have a GBX 100 ($1.64) target price on the stock. UBS AG’s price target points to a potential upside of 24.30% from the stock’s previous close.
LLOY has been the subject of a number of other recent research reports. Analysts at Societe Generale raised their price target on shares of Lloyds Banking Group PLC from GBX 86 ($1.41) to GBX 94 ($1.54) in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of Lloyds Banking Group PLC to an “overweight” rating in a research note on Friday. They now have a GBX 95 ($1.56) price target on the stock, up previously from GBX 84 ($1.38). Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note on Friday. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 123.56 ($2.03).
Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 1.07% on Friday, hitting GBX 80.45. 191,838,944 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 1-year low of GBX 46.061 and a 1-year high of GBX 86.77. The stock has a 50-day moving average of GBX 82.02 and a 200-day moving average of GBX 77.23. The company’s market cap is £40.753 billion.
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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