Lloyds Banking Group PLC’s Overweight Rating Reaffirmed at JPMorgan Chase & Co. (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Monday. They currently have a GBX 95 ($1.61) target price on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 26.94% from the company’s current price.
Lloyds Banking Group PLC (LON:LLOY) traded up 0.04% during mid-day trading on Monday, hitting GBX 74.84. 90,888,416 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a one year low of GBX 66.51 and a one year high of GBX 86.77. The stock has a 50-day moving average of GBX 75.28 and a 200-day moving average of GBX 77.88. The company’s market cap is £53.698 billion.
LLOY has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday. They now have a GBX 915 ($15.54) price target on the stock. Separately, analysts at Grupo Santander reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 96 ($1.63) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Monday, July 21st. They now have a GBX 920 ($15.62) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eighteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 273.20 ($4.64).
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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