Lloyds Banking Group PLC Price Target Raised to $8.96 at Investec Securities (LLOY)
Analysts at Investec Securities boosted their price target on shares of Lloyds Banking Group PLC (LON: LLOY) from $8.66 (580 GBX) to $8.96 (600 GBX) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a $0.67 price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Tuesday. They now have a $0.91 price target on the stock. Finally, analysts at Espirito Santo Execution reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a $0.72 price target on the stock.
Shares of Lloyds Banking Group PLC opened at 50.49 on Tuesday. Lloyds Banking Group PLC has a one year low of GBX 24.727 and a one year high of GBX 56.14. The stock’s 50-day moving average is currently GBX 37.64. The company’s market cap is £34.719 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.
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