Lloyds Banking Group PLC Given “Sell” Rating at Espirito Santo Investment Bank Research (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “sell” rating reiterated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 70 ($1.18) price objective on the stock. Espirito Santo Investment Bank Research’s price target would indicate a potential downside of 12.09% from the company’s current price.
Shares of Lloyds Banking Group PLC (LON:LLOY) traded up 0.16% on Thursday, hitting GBX 79.63. The stock had a trading volume of 170,765,152 shares. Lloyds Banking Group PLC has a 1-year low of GBX 47.88 and a 1-year high of GBX 86.87. The stock has a 50-day moving average of GBX 75.92 and a 200-day moving average of GBX 78.47. The company’s market cap is £56.315 billion.
A number of other analysts have also recently weighed in on LLOY. 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. 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 960 ($16.13) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday, April 28th. They now have a GBX 90 ($1.51) price target on the stock. Four analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-one have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 194.69 ($3.27).
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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