Lloyds Banking Group PLC (LON: LLOY)‘s stock had its “buy” rating restated by stock analysts at Redburn Partners in a report issued on Wednesday, Analyst Ratings.Net reports.
LLOY has been the subject of a number of other recent research reports. Analysts at Bank of America raised their price target on shares of Lloyds Banking Group PLC from GBX 70 ($1.06) to GBX 80 ($1.22) in a research note to investors on Friday, June 28th. They now have a “buy” rating on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Thursday, June 27th. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday, June 21st. They now have a GBX 76 ($1.16) price target on the stock.
Seven research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 59.50 ($0.91).
Shares of Lloyds Banking Group PLC (LON: LLOY) opened at 65.20 on Wednesday. Lloyds Banking Group PLC has a 52 week low of GBX 28.543 and a 52 week high of GBX 64.938. The stock’s 50-day moving average is currently GBX 37.64. The company’s market cap is £45.195 billion.
Lloyds Banking Group plc, is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.