Credit Suisse Group reiterated their outperform rating on shares of Lloyds Banking Group (LON:LLOY) in a report published on Monday morning. Credit Suisse Group currently has a GBX 85 ($1.17) price objective on the financial services provider’s stock.
Other research analysts have also recently issued research reports about the stock. Shore Capital restated a buy rating on shares of Lloyds Banking Group in a report on Tuesday, November 28th. Deutsche Bank raised their target price on shares of Lloyds Banking Group from GBX 77 ($1.06) to GBX 83 ($1.15) and gave the stock a buy rating in a report on Friday, January 26th. HSBC restated a buy rating and issued a GBX 76 ($1.05) target price on shares of Lloyds Banking Group in a report on Wednesday, November 29th. Investec raised their target price on shares of Lloyds Banking Group from GBX 75 ($1.04) to GBX 76 ($1.05) and gave the stock a buy rating in a report on Monday, January 8th. Finally, JPMorgan Chase & Co. restated an overweight rating on shares of Lloyds Banking Group in a report on Thursday, February 1st. 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. Lloyds Banking Group presently has an average rating of Buy and a consensus target price of GBX 76.38 ($1.06).
Lloyds Banking Group stock opened at GBX 66.06 ($0.91) on Monday. Lloyds Banking Group has a 52-week low of GBX 61.81 ($0.85) and a 52-week high of GBX 73.58 ($1.02). The company has a market cap of $48,660.00 and a P/E ratio of 1,651.50.
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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