Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “neutral” rating reiterated by equities researchers at Credit Suisse in a research report issued on Tuesday, American Banking & Market News reports. They currently have a GBX 65 ($1.05) price objective on the stock. Credit Suisse’s target price suggests a potential downside of 15.47% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a GBX 100 ($1.62) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday. They now have a GBX 77 ($1.25) 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 to investors on Thursday, October 17th. They now have a GBX 662 ($10.71) price target on the stock. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and nineteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 109.53 ($1.77).
Lloyds Banking Group PLC (LON:LLOY) opened at 76.98 on Tuesday. Lloyds Banking Group PLC has a 52-week low of GBX 39.236 and a 52-week high of GBX 78.78. The stock has a 50-day moving average of GBX 75.06 and a 200-day moving average of GBX 65.51. The company’s market cap is £55.445 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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