Lloyds Banking Group PLC Stock Rating Reaffirmed by Nomura (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating restated by analysts at Nomura in a research report issued to clients and investors on Tuesday. They currently have a GBX 900 ($15.10) price objective on the stock.
Shares of Lloyds Banking Group PLC (LON:LLOY) traded up 0.18% during mid-day trading on Tuesday, hitting GBX 73.24. 63,289,276 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52-week low of GBX 70.015 and a 52-week high of GBX 86.77. The stock’s 50-day moving average is GBX 74.03 and its 200-day moving average is GBX 77.07. The company’s market cap is £51.964 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday, August 5th. They now have a GBX 924 ($15.50) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, August 1st. They now have a GBX 96 ($1.61) 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 Friday, August 1st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 281.04 ($4.71).
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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