Lloyds Banking Group PLC Receives Average Recommendation of “Buy” from Analysts (LON:LLOY)
Lloyds Banking Group PLC (LON:LLOY) has received a consensus rating of “Buy” from the thirty ratings firms that are presently covering the company, StockRatingsNetwork reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twenty have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 281.04 ($4.71).
LLOY has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday. They now have a GBX 89 ($1.49) price target on the stock. Separately, 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. Finally, 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.
Lloyds Banking Group PLC (LON:LLOY) opened at 74.08 on Monday. Lloyds Banking Group PLC has a 52-week low of GBX 70.015 and a 52-week high of GBX 86.77. The stock has a 50-day moving average of GBX 73.94 and a 200-day moving average of GBX 77.00. The company’s market cap is £52.560 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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