Lloyds Banking Group PLC Stock Rating Reaffirmed by Credit Suisse (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “neutral” rating reaffirmed by research analysts at Credit Suisse in a report released on Thursday, StockRatingsNetwork reports. They currently have a GBX 68 ($1.14) price target on the stock. Credit Suisse’s price target would indicate a potential downside of 14.47% from the company’s current price.
A number of other analysts have also recently weighed in on LLOY. Analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 85 ($1.43) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 70 ($1.18) price target on the stock. Finally, analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday. They now have a GBX 87 ($1.46) price target on the stock. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the company. Lloyds Banking Group PLC has a consensus rating of “Buy” and an average price target of GBX 194.62 ($3.27).
Lloyds Banking Group PLC (LON:LLOY) traded up 5.49% during mid-day trading on Thursday, hitting GBX 79.50. 231,039,968 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52-week low of GBX 53.27 and a 52-week high of GBX 86.77. The stock has a 50-day moving average of GBX 75.94 and a 200-day moving average of GBX 78.47. The company’s market cap is £56.223 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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