Lloyds Banking Group PLC’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday. They currently have a GBX 100 ($1.68) price target on the stock. Sanford C. Bernstein’s price target would indicate a potential upside of 26.87% from the company’s current price.
A number of other analysts have also recently weighed in on LLOY. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. They now have a GBX 88 ($1.48) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, June 4th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nineteen have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 182.08 ($3.06).
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 78.37 on Tuesday. Lloyds Banking Group PLC has a one year low of GBX 58.737 and a one year high of GBX 86.77. The stock has a 50-day moving average of GBX 76.49 and a 200-day moving average of GBX 78.52. The company’s market cap is £56.230 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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