Lloyds Banking Group PLC Stock Rating Reaffirmed by Investec (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reaffirmed by Investec in a research note issued on Friday. They currently have a GBX 85 ($1.45) price target on the stock. Investec’s price target suggests a potential upside of 11.26% from the company’s current price.
Lloyds Banking Group PLC (LON:LLOY) opened at 75.9136 on Friday. Lloyds Banking Group PLC has a 52-week low of GBX 63.08 and a 52-week high of GBX 86.77. The stock’s 50-day moving average is GBX 76.5 and its 200-day moving average is GBX 78.48. The company’s market cap is £54.468 billion.
A number of other firms have also recently commented on LLOY. Analysts at Nomura reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 915 ($15.59) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 90 ($1.53) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Lloyds Banking Group PLC to an “add” rating in a research note on Wednesday. They now have a GBX 875 ($14.90) price target on the stock. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and eighteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 210.47 ($3.58).
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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