Lloyds Banking Group PLC Rating Reiterated by Santander (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating restated by analysts at Santander in a research report issued to clients and investors on Wednesday. They currently have a GBX 96 ($1.63) price objective on the stock. Santander’s target price points to a potential upside of 23.09% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, June 13th. They now have a GBX 96 ($1.63) price target on the stock. Separately, analysts at BNP Paribas raised their price target on shares of Lloyds Banking Group PLC from GBX 115 ($1.95) to GBX 120 ($2.04) in a research note on Thursday, June 12th. They now have an “outperform” rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday, June 10th. They now have a GBX 70 ($1.19) price target on the stock. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 183.08 ($3.11).
Lloyds Banking Group PLC (LON:LLOY) traded down 0.42% on Wednesday, hitting GBX 77.66. 68,349,512 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 1-year low of GBX 59.76 and a 1-year high of GBX 86.77. The stock’s 50-day moving average is GBX 77.10 and its 200-day moving average is GBX 78.62. The company’s market cap is £55.721 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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