Credit Suisse Group Reaffirms Outperform Rating for Lloyds Banking Group (LLOY)
Credit Suisse Group reaffirmed their outperform rating on shares of Lloyds Banking Group (LON:LLOY) in a research note issued to investors on Tuesday morning. The firm currently has a GBX 85 ($1.17) price objective on the financial services provider’s stock.
LLOY has been the topic of a number of other reports. Shore Capital restated a buy rating on shares of Lloyds Banking Group in a research note on Friday, December 8th. Investec restated a buy rating and issued a GBX 75 ($1.04) target price on shares of Lloyds Banking Group in a research note on Wednesday, November 29th. Deutsche Bank upped their target price on shares of Lloyds Banking Group from GBX 77 ($1.06) to GBX 83 ($1.15) and gave the stock a buy rating in a research note on Friday, January 26th. HSBC restated a buy rating and issued a GBX 72 ($0.99) target price on shares of Lloyds Banking Group in a research note on Monday, January 29th. Finally, UBS Group set a GBX 85 ($1.17) target price on shares of Lloyds Banking Group and gave the stock a buy rating in a research note on Monday, February 12th. 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 company’s stock. Lloyds Banking Group has an average rating of Buy and a consensus target price of GBX 76.38 ($1.06).
Lloyds Banking Group (LLOY) opened at GBX 67.05 ($0.93) on Tuesday. The company has a market cap of $48,070.00 and a PE ratio of 1,676.25. Lloyds Banking Group has a one year low of GBX 61.81 ($0.85) and a one year high of GBX 73.58 ($1.02).
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.
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