Lloyds Banking Group plc (LON:LLOY – Get Free Report) has received an average rating of “Hold” from the nine analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 56.83 ($0.74).
A number of analysts have commented on LLOY shares. JPMorgan Chase & Co. upped their price target on shares of Lloyds Banking Group from GBX 50 ($0.65) to GBX 54 ($0.70) and gave the company an “underweight” rating in a research report on Wednesday, July 3rd. Shore Capital reaffirmed a “buy” rating on shares of Lloyds Banking Group in a research report on Wednesday, April 24th. Citigroup reissued a “buy” rating on shares of Lloyds Banking Group in a research report on Monday, July 8th. Finally, Peel Hunt started coverage on shares of Lloyds Banking Group in a research report on Friday, April 19th. They set a “hold” rating and a GBX 55 ($0.71) price objective on the stock.
View Our Latest Report on Lloyds Banking Group
Lloyds Banking Group Stock Up 0.1 %
About Lloyds Banking Group
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.
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