Lloyds Banking Group PLC’s “Add” Rating Reaffirmed at Numis Securities Ltd (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a research note issued on Thursday, American Banking News.com reports. They currently have a GBX 97 ($1.63) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 19.44% from the stock’s previous close.
Lloyds Banking Group PLC (LON:LLOY) opened at 80.39 on Thursday. Lloyds Banking Group PLC has a 1-year low of GBX 46.061 and a 1-year high of GBX 86.77. The stock’s 50-day moving average is GBX 82.2 and its 200-day moving average is GBX 77.57. The company’s market cap is £73.988 billion.
LLOY has been the subject of a number of other recent research reports. Analysts at Macquarie reiterated an “underperform” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday. They now have a GBX 62 ($1.04) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday. They now have a GBX 870 ($14.58) price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, February 14th. They now have a GBX 100 ($1.68) price target on the stock. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. Lloyds Banking Group PLC has an average rating of “Hold” and an average price target of GBX 132.28 ($2.22).
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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