Lloyds Banking Group PLC’s Buy Rating Reaffirmed at Numis Securities Ltd (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 97 ($1.65) price target on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 28.26% from the stock’s previous close.
A number of other firms have also recently commented on LLOY. 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. Separately, 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. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Monday. They now have a GBX 95 ($1.61) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and nineteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 276.47 ($4.69).
Lloyds Banking Group PLC (LON:LLOY) traded up 1.06% during mid-day trading on Tuesday, hitting GBX 75.63. The stock had a trading volume of 79,857,208 shares. Lloyds Banking Group PLC has a 52-week low of GBX 66.51 and a 52-week 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.
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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