Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital Stockbrokers in a research report issued on Monday, Stock Ratings Network reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley raised their price target on shares of Lloyds Banking Group PLC (LON:LLOY) from GBX 93 ($1.45) to GBX 100 ($1.56) in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note to investors on Tuesday, September 3rd. They now have a GBX 50 ($0.78) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note to investors on Monday, September 2nd. They now have a GBX 80 ($1.25) price target on the stock.
Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nineteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 91.01 ($1.42).
Lloyds Banking Group PLC (LON:LLOY) opened at 75.42 on Monday. Lloyds Banking Group PLC has a 52-week low of GBX 36.225 and a 52-week high of GBX 77.39. The stock’s 50-day moving average is GBX 73.0 and its 200-day moving average is GBX 60.60. The company’s market cap is £54.322 billion.
Lloyds Banking Group plc, 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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