Lloyds Banking Group PLC Stock Rating Reaffirmed by Jefferies Group (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group in a report issued on Thursday. They currently have a GBX 69 ($1.17) target price on the stock. Jefferies Group’s price target would suggest a potential downside of 5.90% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Thursday. They now have a GBX 860 ($14.60) price target on the stock. Separately, analysts at Santander reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday. They now have a GBX 96 ($1.63) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Lloyds Banking Group PLC from GBX 87 ($1.48) to GBX 89 ($1.51) in a research note on Tuesday. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty have assigned a buy rating to the company. Lloyds Banking Group PLC presently has an average rating of “Buy” and a consensus price target of GBX 248.48 ($4.22).
Lloyds Banking Group PLC (LON:LLOY) traded down 1.24% during mid-day trading on Thursday, hitting GBX 73.33. The stock had a trading volume of 113,639,000 shares. Lloyds Banking Group PLC has a 1-year low of GBX 47.88 and a 1-year high of GBX 86.87. The stock has a 50-day moving average of GBX 74.96 and a 200-day moving average of GBX 77.72. The company’s market cap is £69.297 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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