Several other analysts also recently issued reports on the stock. Deutsche Bank reissued a buy rating on shares of Lloyds Banking Group in a research note on Friday, February 9th. JPMorgan Chase & Co. reissued a buy rating on shares of Lloyds Banking Group in a research note on Thursday, February 1st. BNP Paribas raised shares of Lloyds Banking Group from a neutral rating to an outperform rating in a research note on Wednesday, January 17th. Morgan Stanley downgraded shares of Lloyds Banking Group from an overweight rating to an equal rating in a research note on Wednesday, January 10th. Finally, Goldman Sachs Group reaffirmed a sell rating on shares of Lloyds Banking Group in a research note on Tuesday, January 9th. Six equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. Lloyds Banking Group currently has a consensus rating of Hold and a consensus price target of $4.00.
Shares of Lloyds Banking Group (NYSE:LYG) opened at $3.85 on Wednesday. Lloyds Banking Group has a one year low of $3.15 and a one year high of $4.21. The stock has a market cap of $68,466.70, a price-to-earnings ratio of 16.74 and a beta of 0.80.
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About Lloyds Banking Group
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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