Shares of Lloyds Banking Group PLC (LON:LLOY) have been assigned an average recommendation of “Hold” from the twenty-three ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 72.83 ($0.93).

A number of equities research analysts have commented on the stock. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 58 ($0.74) price target on shares of Lloyds Banking Group PLC in a report on Tuesday, May 30th. Deutsche Bank AG set a GBX 79 ($1.00) price target on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a report on Tuesday, May 30th. Macquarie set a GBX 67 ($0.85) price target on shares of Lloyds Banking Group PLC and gave the stock a “neutral” rating in a report on Saturday, May 20th. Barclays PLC restated an “overweight” rating and issued a GBX 77 ($0.98) price target on shares of Lloyds Banking Group PLC in a report on Friday, May 19th. Finally, J P Morgan Chase & Co set a GBX 83 ($1.06) price target on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a report on Thursday, June 1st.

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In related news, insider Antonio Horta-Osorio acquired 5,107 shares of the stock in a transaction on Tuesday, April 18th. The shares were acquired at an average price of GBX 63 ($0.80) per share, with a total value of £3,217.41 ($4,092.36). In the last ninety days, insiders acquired 55,715 shares of company stock worth $3,964,117.

Lloyds Banking Group PLC (LLOY) traded up 0.33% during midday trading on Tuesday, reaching GBX 66.72. 104,571,071 shares of the company traded hands. Lloyds Banking Group PLC has a 12-month low of GBX 47.10 and a 12-month high of GBX 73.58. The stock’s market capitalization is GBX 52.83 billion. The company has a 50 day moving average of GBX 69.93 and a 200-day moving average of GBX 66.75.

Lloyds Banking Group PLC Company Profile

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Analyst Recommendations for Lloyds Banking Group PLC (LON:LLOY)

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