Lloyds Banking Group PLC (LON:LLOY) has been given a GBX 62 ($0.82) price objective by stock analysts at BNP Paribas in a report released on Thursday. The brokerage currently has a “sell” rating on the financial services provider’s stock. BNP Paribas’ target price points to a potential downside of 8.28% from the stock’s previous close.

Several other research firms also recently commented on LLOY. UBS AG set a GBX 85 ($1.13) target price on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research report on Thursday, July 27th. Societe Generale reissued a “buy” rating on shares of Lloyds Banking Group PLC in a research report on Monday, September 11th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a GBX 58 ($0.77) target price on shares of Lloyds Banking Group PLC in a research report on Thursday, June 22nd. Barclays PLC reissued an “overweight” rating and issued a GBX 77 ($1.02) target price on shares of Lloyds Banking Group PLC in a research report on Friday, July 28th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 73 ($0.97) target price on shares of Lloyds Banking Group PLC in a research report on Tuesday, September 19th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 74.88 ($0.99).

Lloyds Banking Group PLC (LLOY) opened at 67.23 on Thursday. Lloyds Banking Group PLC has a 12-month low of GBX 50.84 and a 12-month high of GBX 73.58. The company’s 50 day moving average is GBX 65.19 and its 200 day moving average is GBX 66.96. The firm’s market cap is GBX 42.81 billion.

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In related news, insider Antonio Horta-Osorio acquired 4,873 shares of the stock in a transaction on Wednesday, August 16th. The stock was purchased at an average price of GBX 66 ($0.88) per share, for a total transaction of £3,216.18 ($4,266.06). Also, insider George Culmer acquired 101,589 shares of the stock in a transaction on Monday, September 18th. The stock was bought at an average price of GBX 66 ($0.88) per share, with a total value of £67,048.74 ($88,935.85). Insiders acquired a total of 111,855 shares of company stock valued at $7,387,115 in the last 90 days.

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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