UBS AG Analysts Give Lloyds Banking Group PLC (LLOY) a GBX 85 Price Target

Lloyds Banking Group PLC (LON:LLOY) has been assigned a GBX 85 ($1.13) target price by research analysts at UBS AG in a report issued on Friday. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS AG’s price target suggests a potential upside of 26.88% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Investec restated a “buy” rating and issued a GBX 75 ($1.00) price objective on shares of Lloyds Banking Group PLC in a report on Friday, July 28th. Barclays PLC restated an “overweight” rating and issued a GBX 77 ($1.02) price objective on shares of Lloyds Banking Group PLC in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) set a GBX 56 ($0.74) price objective on Lloyds Banking Group PLC and gave the stock a “sell” rating in a report on Monday, October 9th. Morgan Stanley set a GBX 85 ($1.13) price objective on Lloyds Banking Group PLC and gave the stock a “buy” rating in a report on Monday, July 17th. Finally, Credit Suisse Group restated a “neutral” rating and issued a GBX 75 ($1.00) price objective on shares of Lloyds Banking Group PLC in a report on Friday, June 30th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 75.02 ($1.00).

Lloyds Banking Group PLC (LON:LLOY) traded up 0.46% during midday trading on Friday, reaching GBX 67.30. 78,253,400 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52 week low of GBX 53.25 and a 52 week high of GBX 73.58. The company’s 50-day moving average price is GBX 65.72 and its 200 day moving average price is GBX 66.85. The stock’s market capitalization is GBX 42.85 billion.

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In other Lloyds Banking Group PLC news, insider George Culmer acquired 101,589 shares of Lloyds Banking Group PLC stock in a transaction dated Monday, September 18th. The stock was bought at an average cost of GBX 66 ($0.88) per share, with a total value of £67,048.74 ($89,089.48). Also, insider Antonio Horta-Osorio acquired 4,83

Other equities analysts also recently issued research reports about the company. Investec restated a “buy” rating and issued a GBX 75 ($1.00) price objective on shares of Lloyds Banking Group PLC in a report on Friday, July 28th. Barclays PLC restated an “overweight” rating and issued a GBX 77 ($1.02) price objective on shares of Lloyds Banking Group PLC in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) set a GBX 56 ($0.74) price objective on Lloyds Banking Group PLC and gave the stock a “sell” rating in a report on Monday, October 9th. Morgan Stanley set a GBX 85 ($1.13) price objective on Lloyds Banking Group PLC and gave the stock a “buy” rating in a report on Monday, July 17th. Finally, Credit Suisse Group restated a “neutral” rating and issued a GBX 75 ($1.00) price objective on shares of Lloyds Banking Group PLC in a report on Friday, June 30th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 75.02 ($1.00).

Lloyds Banking Group PLC (LON:LLOY) traded up 0.46% during midday trading on Friday, reaching GBX 67.30. 78,253,400 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52 week low of GBX 53.25 and a 52 week high of GBX 73.58. The company’s 50-day moving average price is GBX 65.72 and its 200 day moving average price is GBX 66.85. The stock’s market capitalization is GBX 42.85 billion.

COPYRIGHT VIOLATION WARNING: This story was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://ledgergazette.com/2017/10/20/ubs-ag-analysts-give-lloyds-banking-group-plc-lloy-a-gbx-85-price-target.html.

In other Lloyds Banking Group PLC news, insider George Culmer acquired 101,589 shares of Lloyds Banking Group PLC stock in a transaction dated Monday, September 18th. The stock was bought at an average cost of GBX 66 ($0.88) per share, with a total value of £67,048.74 ($89,089.48). Also, insider Antonio Horta-Osorio acquired 4,837 shares of Lloyds Banking Group PLC stock in a transaction dated Wednesday, October 18th. The stock was acquired at an average cost of GBX 66 ($0.88) per share, with a total value of £3,192.42 ($4,241.85). Insiders bought 111,908 shares of company stock valued at $7,385,829 over the last three months.

About Lloyds Banking Group PLC

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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