Lloyds Banking Group PLC (LON:LLOY) has been assigned a GBX 79 ($1.03) target price by investment analysts at Deutsche Bank AG in a research note issued on Monday. The firm presently has a “buy” rating on the financial services provider’s stock. Deutsche Bank AG’s price objective points to a potential upside of 22.22% from the stock’s previous close.

A number of other brokerages have also weighed in on LLOY. UBS AG set a GBX 85 ($1.11) target price on shares of Lloyds Banking Group PLC and gave the company a “buy” rating in a research note on Thursday, July 27th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and set a GBX 58 ($0.76) target price on shares of Lloyds Banking Group PLC in a research note on Thursday, June 22nd. Shore Capital reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, May 3rd. Barclays PLC reiterated an “overweight” rating and set a GBX 77 ($1.00) target price on shares of Lloyds Banking Group PLC in a research note on Friday, July 28th. Finally, Royal Bank Of Canada set a GBX 90 ($1.17) target price on shares of Lloyds Banking Group PLC and gave the company a “buy” rating in a research note on Thursday, April 27th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 75.26 ($0.98).

Lloyds Banking Group PLC (LLOY) opened at 65.25 on Monday. The firm’s 50-day moving average price is GBX 66.75 and its 200 day moving average price is GBX 67.50. Lloyds Banking Group PLC has a one year low of GBX 50.84 and a one year high of GBX 73.58. The company’s market capitalization is GBX 41.54 billion.

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In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio bought 50,000 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were purchased at an average cost of GBX 72 ($0.94) per share, for a total transaction of £36,000 ($46,881.10). Insiders have bought a total of 55,369 shares of company stock worth $3,960,571 over the last 90 days.

Lloyds Banking Group PLC 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 PLC (LON:LLOY)

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