Lloyds Banking Group PLC Stock Rating Reaffirmed by Deutsche Bank (LLOY)
Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Wednesday. They currently have a GBX 89 ($1.49) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 21.52% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. They now have a GBX 900 ($15.10) price target on the stock. Separately, 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 281.04 ($4.71).
Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 74.12 on Wednesday. Lloyds Banking Group PLC has a one year low of GBX 70.015 and a one year high of GBX 86.77. The stock has a 50-day moving average of GBX 74.03 and a 200-day moving average of GBX 77.07. The company’s market cap is £52.588 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.