RBC Capital Reaffirms Sector Perform Rating on Lloyds Banking Group PLC (LLOY)
Lloyds Banking Group PLC (LON: LLOY)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Wednesday. They currently have a $5.74 (360 GBX) price target on the stock.
A number of other analysts have also recently weighed in on LLOY. Analysts at JPMorgan Chase downgraded shares of Lloyds Banking Group PLC to an “underweight” rating in a research note to investors on Friday, October 19th. Separately, analysts at Renaissance Capital reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Friday, October 19th. Finally, analysts at Investec downgraded shares of Lloyds Banking Group PLC to a “sell” rating in a research note to investors on Thursday, October 18th. They now have a $0.58 price target on the stock.
Lloyds Banking Group PLC opened at 40.265 on Wednesday. Lloyds Banking Group PLC has a 1-year low of GBX 21.637 and a 1-year high of GBX 43.36. The company’s market cap is £27.923 billion.
Lloyds Banking Group plc, incorporated on October 21, 1985, 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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