Deutsche Bank AG restated their hold rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a report issued on Thursday morning. Deutsche Bank AG currently has a GBX 58 ($0.72) target price on the financial services provider’s stock.
A number of other research analysts also recently issued reports on the company. RBC Capital Markets set a GBX 70 ($0.87) price objective on Lloyds Banking Group PLC and gave the company a buy rating in a research note on Monday, August 15th. BNP Paribas reiterated an underperform rating and set a GBX 55 ($0.69) price objective on shares of Lloyds Banking Group PLC in a research note on Monday, August 1st. Citigroup Inc. set a GBX 50 ($0.62) price objective on Lloyds Banking Group PLC and gave the company a sell rating in a research note on Thursday, July 28th. Shore Capital reiterated a buy rating on shares of Lloyds Banking Group PLC in a research note on Thursday, July 28th. Finally, S&P Global Inc. set a GBX 62 ($0.77) price objective on Lloyds Banking Group PLC and gave the company a buy rating in a research note on Wednesday, October 26th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the stock. Lloyds Banking Group PLC has a consensus rating of Hold and a consensus price target of GBX 65.63 ($0.82).
Lloyds Banking Group PLC (LON:LLOY) opened at 58.82 on Thursday. The stock’s market capitalization is GBX 35.77 billion. Lloyds Banking Group PLC has a 1-year low of GBX 47.10 and a 1-year high of GBX 75.56. The firm’s 50 day moving average is GBX 56.46 and its 200 day moving average is GBX 58.83.
In other Lloyds Banking Group PLC news, insider Horta-Osorio,Antonio acquired 3,330 shares of the company’s stock in a transaction on Friday, September 16th. The shares were bought at an average cost of GBX 57 ($0.71) per share, with a total value of £1,898.10 ($2,371.44). Also, insider Antonio Horta-Osorio acquired 3,069 shares of the company’s stock in a transaction on Wednesday, November 16th. The stock was acquired at an average cost of GBX 62 ($0.77) per share, for a total transaction of £1,902.78 ($2,377.29).
About Lloyds Banking Group PLC
LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.
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