Today, Lloyds Banking Group PLC (LLOY) Rating Reiterated by Barclays PLC

Today, Lloyds Banking Group PLC (LLOY) Rating Reiterated by Barclays PLC

Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays PLC in a research report issued to clients and investors on Thursday. They presently have a GBX 65 ($0.85) price target on the financial services provider’s stock. Barclays PLC’s price objective suggests a potential upside of 18.83% from the stock’s previous close.

Several other research firms have also recently weighed in on LLOY. Independent Research GmbH set a GBX 50 ($0.65) price objective on Lloyds Banking Group PLC and gave the stock a “sell” rating in a research report on Friday, June 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 90 ($1.17) price target on shares of Lloyds Banking Group PLC in a report on Thursday, June 23rd. Morgan Stanley set a GBX 90 ($1.17) price target on Lloyds Banking Group PLC and gave the company a “buy” rating in a report on Wednesday, June 8th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 70 ($0.91) price target on shares of Lloyds Banking Group PLC in a report on Tuesday, June 21st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 78 ($1.02) price target on shares of Lloyds Banking Group PLC in a report on Monday, June 13th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 69.58 ($0.91).

Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 55.21 on Thursday. Lloyds Banking Group PLC has a 52 week low of GBX 47.10 and a 52 week high of GBX 78.02. The firm’s market cap is GBX 32.03 billion. The firm’s 50-day moving average price is GBX 56.82 and its 200-day moving average price is GBX 61.51.

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The business also recently disclosed a dividend, which was paid on Wednesday, September 28th. Shareholders of record on Thursday, August 11th were given a dividend of GBX 0.85 ($0.01) per share. The ex-dividend date was Thursday, August 11th. This represents a yield of 1.62%.

In related news, insider Horta-Osorio,Antonio acquired 3,330 shares of the business’s stock in a transaction on Friday, September 16th. The stock was purchased at an average cost of GBX 57 ($0.74) per share, for a total transaction of £1,898.10 ($2,477.61).

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