Lloyds Banking Group PLC Given Average Recommendation of “Hold” by Analysts (LON:LLOY)
Shares of Lloyds Banking Group PLC (LON:LLOY) have received a consensus rating of “Hold” from the thirty-one analysts that are covering the stock, AnalystRatingsNetwork.com reports. 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. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 213.77 ($3.64).
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 75.30 on Friday. Lloyds Banking Group PLC has a 52 week low of GBX 61.68 and a 52 week high of GBX 86.77. The stock’s 50-day moving average is GBX 76.75 and its 200-day moving average is GBX 78.53. The company’s market cap is £54.028 billion.
A number of research firms have recently commented on LLOY. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Friday. They now have a GBX 68 ($1.16) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Friday. They now have a GBX 83 ($1.41) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. They now have a GBX 95 ($1.62) price target on the stock.
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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