Lloyds Banking Group (LON:LLOY)‘s stock had its “outperform” rating reissued by Credit Suisse Group in a research report issued on Monday. They presently have a GBX 85 ($1.17) target price on the financial services provider’s stock. Credit Suisse Group’s target price would suggest a potential upside of 25.24% from the company’s previous close.
Several other equities research analysts have also issued reports on LLOY. Deutsche Bank lowered their target price on shares of Lloyds Banking Group from GBX 83 ($1.15) to GBX 80 ($1.11) and set a “buy” rating for the company in a report on Friday, March 9th. Royal Bank of Canada set a GBX 90 ($1.24) target price on shares of Lloyds Banking Group and gave the stock a “buy” rating in a report on Thursday, March 8th. UBS set a GBX 87 ($1.20) target price on shares of Lloyds Banking Group and gave the stock a “buy” rating in a report on Thursday, March 8th. JPMorgan Chase & Co. set a GBX 85 ($1.17) target price on shares of Lloyds Banking Group and gave the stock a “buy” rating in a report on Friday, March 2nd. Finally, Beaufort Securities restated a “buy” rating and issued a GBX 80 ($1.11) target price on shares of Lloyds Banking Group in a report on Thursday, February 22nd. Four analysts have rated the stock with a sell rating, two have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 76.38 ($1.06).
Lloyds Banking Group stock opened at GBX 67.87 ($0.94) on Monday. Lloyds Banking Group has a 12-month low of GBX 61.81 ($0.85) and a 12-month high of GBX 73.58 ($1.02). The company has a market cap of $48,660.00 and a price-to-earnings ratio of 1,696.75.
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Lloyds Banking Group 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.
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