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).
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.
ILLEGAL ACTIVITY WARNING: “Lloyds Banking Group (LLOY) Rating Reiterated by Deutsche Bank” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this piece can be read at https://www.dispatchtribunal.com/2018/04/08/lloyds-banking-group-lloy-rating-reiterated-by-deutsche-bank.html.
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.
Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.