Lloyds Banking Group (LON:LLOY) has been given a GBX 87 ($1.20) target price by UBS Group in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS Group’s target price suggests a potential upside of 29.29% from the stock’s previous close.
A number of other research analysts have also recently issued reports on the stock. Goldman Sachs Group set a GBX 55 ($0.76) target price on shares of Lloyds Banking Group and gave the company a “sell” rating in a research note on Wednesday, November 8th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 80 ($1.11) target price on shares of Lloyds Banking Group in a research note on Thursday, November 16th. Deutsche Bank boosted their price objective 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 research report on Friday, January 26th. Barclays restated an “overweight” rating and issued a GBX 77 ($1.06) price objective on shares of Lloyds Banking Group in a research report on Wednesday, November 29th. Finally, Citigroup restated a “sell” rating on shares of Lloyds Banking Group in a research report on Monday, February 12th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Lloyds Banking Group presently has a consensus rating of “Buy” and an average target price of GBX 76.38 ($1.06).
Lloyds Banking Group (LON:LLOY) opened at GBX 67.29 ($0.93) on Thursday. Lloyds Banking Group has a one year low of GBX 61.81 ($0.85) and a one year high of GBX 73.58 ($1.02). The stock has a market cap of $48,510.00 and a P/E ratio of 1,682.25.
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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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