Lloyds Banking Group PLC Given Outperform Rating at Sanford C. Bernstein (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “outperform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Friday. They currently have a GBX 100 ($1.68) price target on the stock. Sanford C. Bernstein’s price target indicates a potential upside of 33.67% from the stock’s previous close.
A number of other analysts have also recently weighed in on LLOY. Analysts at Barclays reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Friday. They now have a GBX 90 ($1.51) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 115 ($1.93) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. They now have a GBX 68 ($1.14) price target on the stock. Four analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 205.08 ($3.45).
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 75.388 on Friday. Lloyds Banking Group PLC has a 52-week low of GBX 58.737 and a 52-week high of GBX 86.77. The stock’s 50-day moving average is GBX 75.35 and its 200-day moving average is GBX 78.31. The company’s market cap is £54.091 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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