Lloyds Banking Group PLC Given “Buy” Rating at Deutsche Bank (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday. They currently have a GBX 950 ($16.13) price target on the stock.
Shares of Lloyds Banking Group PLC (LON:LLOY) traded up 1.06% during mid-day trading on Tuesday, hitting GBX 75.63. 79,857,208 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’s 50-day moving average is GBX 75.29 and its 200-day moving average is GBX 77.8. The company’s market cap is £54.265 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. They now have a GBX 97 ($1.65) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. They now have a GBX 85 ($1.44) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. They now have a GBX 977 ($16.59) price target on the stock. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and nineteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 276.47 ($4.69).
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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