Today, Lloyds Banking Group PLC (LLOY) PT Raised to GBX 52 at Goldman Sachs Group Inc.

Today, Lloyds Banking Group PLC (LLOY) PT Raised to GBX 52 at Goldman Sachs Group Inc.

Lloyds Banking Group PLC (LON:LLOY) had its price objective boosted by equities research analysts at Goldman Sachs Group Inc. from GBX 50 ($0.62) to GBX 52 ($0.65) in a report released on Friday. The firm currently has a “sell” rating on the financial services provider’s stock. Goldman Sachs Group Inc.’s price target would indicate a potential downside of 11.01% from the stock’s current price.

A number of other equities analysts have also commented on LLOY. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 65 ($0.81) price objective on shares of Lloyds Banking Group PLC in a research note on Monday, August 1st. Natixis reissued a “neutral” rating and set a GBX 56 ($0.69) target price on shares of Lloyds Banking Group PLC in a research report on Thursday, October 27th. Barclays PLC decreased their target price on Lloyds Banking Group PLC from GBX 65 ($0.81) to GBX 55 ($0.68) and set an “equal weight” rating on the stock in a research report on Thursday, October 27th. Macquarie reissued an “outperform” rating and set a GBX 65 ($0.81) target price on shares of Lloyds Banking Group PLC in a research report on Thursday, November 17th. Finally, Deutsche Bank AG reissued a “hold” rating on shares of Lloyds Banking Group PLC in a research report on Thursday, September 15th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the stock. Lloyds Banking Group PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 65.61 ($0.81).

Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 57.86 on Friday. The company has a 50-day moving average price of GBX 56.76 and a 200 day moving average price of GBX 58.69. The firm’s market capitalization is GBX 35.18 billion. Lloyds Banking Group PLC has a 52-week low of GBX 47.10 and a 52-week high of GBX 75.56.

In related news, insider Horta-Osorio,Antonio purchased 3,330 shares of the stock in a transaction on Friday, September 16th. The shares were purchased at an average cost of GBX 57 ($0.71) per share, with a total value of £1,898.10 ($2,354.67). Also, insider Antonio Horta-Osorio purchased 3,069 shares of the stock in a transaction on Wednesday, November 16th. The stock was bought at an average cost of GBX 62 ($0.77) per share, for a total transaction of £1,902.78 ($2,360.48).

Related posts

Leave a Comment