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 reaffirmed by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Tuesday. They currently have a GBX 70 ($1.18) target price on the stock. Espirito Santo Investment Bank Research’s price target indicates a potential downside of 7.85% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note on Friday. They now have a GBX 100 ($1.68) price target on the stock. Separately, 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. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note on Thursday, May 22nd. They now have a GBX 115 ($1.94) price target on the stock. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 205.08 ($3.45).
Lloyds Banking Group PLC (LON:LLOY) traded up 1.57% on Tuesday, hitting GBX 77.15. The stock had a trading volume of 144,036,736 shares. 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 75.31 and its 200-day moving average is GBX 78.36. The company’s market cap is £55.355 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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