Lloyds Banking Group (LLOY) Rating Reiterated by Deutsche Bank

Deutsche Bank reissued their buy rating on shares of Lloyds Banking Group (LON:LLOY) in a report issued on Wednesday.

Several other equities analysts have also weighed in on LLOY. Beaufort Securities reissued a buy rating and set a GBX 80 ($1.12) price objective on shares of Lloyds Banking Group in a report on Thursday, February 22nd. UBS set a GBX 87 ($1.22) price objective on Lloyds Banking Group and gave the company a buy rating in a report on Thursday, March 8th. Societe Generale set a GBX 84 ($1.18) price objective on Lloyds Banking Group and gave the company a buy rating in a report on Thursday, February 22nd. Credit Suisse Group reissued an outperform rating and set a GBX 85 ($1.19) price objective on shares of Lloyds Banking Group in a report on Monday, March 19th. Finally, JPMorgan Chase set a GBX 85 ($1.19) price objective on Lloyds Banking Group and gave the company a buy rating in a report on Friday, March 2nd. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the stock. Lloyds Banking Group currently has an average rating of Buy and an average price target of GBX 76.38 ($1.07).

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Shares of LLOY opened at GBX 66.32 ($0.93) on Wednesday. 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).

The business also recently declared a dividend, which will be paid on Tuesday, May 29th. Stockholders of record on Thursday, April 19th will be issued a GBX 2.05 ($0.03) dividend. This is a positive change from Lloyds Banking Group’s previous dividend of $1.00. This represents a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, April 19th.

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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.

Analyst Recommendations for Lloyds Banking Group (LON:LLOY)

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