Stock analysts at Barclays assumed coverage on shares of Lloyds Banking Group (LON:LLOY) in a note issued to investors on Wednesday, March 14th, Marketbeat reports. The firm set an “overweight” rating and a GBX 90 ($1.26) price target on the financial services provider’s stock. Barclays’ price target suggests a potential upside of 35.71% from the company’s previous close.
Several other equities analysts also recently commented on the company. Credit Suisse Group reissued an “outperform” rating and set a GBX 85 ($1.19) price target on shares of Lloyds Banking Group in a research report on Tuesday, March 13th. Deutsche Bank dropped their price target on Lloyds Banking Group from GBX 83 ($1.17) to GBX 80 ($1.12) and set a “buy” rating on the stock in a research report on Friday, March 9th. Royal Bank of Canada set a GBX 90 ($1.26) price target on Lloyds Banking Group and gave the stock a “buy” rating in a research report on Thursday, March 8th. UBS set a GBX 87 ($1.22) price target on Lloyds Banking Group and gave the stock a “buy” rating in a research report on Thursday, March 8th. Finally, JPMorgan Chase set a GBX 85 ($1.19) price objective on Lloyds Banking Group and gave the stock a “buy” rating in a research note on Friday, March 2nd. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company’s stock. Lloyds Banking Group has a consensus rating of “Buy” and a consensus target price of GBX 76.38 ($1.07).
Shares of LON LLOY traded up GBX 0.14 ($0.00) during trading hours on Wednesday, hitting GBX 66.32 ($0.93). 104,867,119 shares of the company traded hands, compared to its average volume of 151,650,000. Lloyds Banking Group has a 12 month low of GBX 61.81 ($0.87) and a 12 month high of GBX 73.58 ($1.03).
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Lloyds Banking Group Company Profile
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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