J P Morgan Chase & Co set a GBX 83 ($1.09) target price on Lloyds Banking Group PLC (LON:LLOY) in a research report report published on Friday morning. The brokerage currently has a buy rating on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the stock. AlphaValue restated a buy rating and issued a GBX 91.50 ($1.21) price target on shares of Lloyds Banking Group PLC in a research report on Friday, April 28th. Royal Bank Of Canada set a GBX 90 ($1.19) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research report on Thursday, April 27th. Barclays PLC set a GBX 75 ($0.99) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research report on Thursday, April 27th. Shore Capital restated a buy rating on shares of Lloyds Banking Group PLC in a research report on Thursday, April 27th. Finally, Societe Generale restated a buy rating and issued a GBX 80 ($1.06) price target on shares of Lloyds Banking Group PLC in a research report on Thursday, March 30th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of GBX 75.26 ($0.99).

Shares of Lloyds Banking Group PLC (LLOY) opened at 65.71 on Friday. The firm’s market cap is GBX 41.84 billion. Lloyds Banking Group PLC has a 12-month low of GBX 50.68 and a 12-month high of GBX 73.58. The firm’s 50-day moving average is GBX 67.23 and its 200-day moving average is GBX 67.48.

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The firm also recently disclosed a dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Thursday, August 10th will be paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.45%. The ex-dividend date is Thursday, August 10th.

In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio acquired 4,784 shares of the company’s stock in a transaction on Tuesday, July 18th. The shares were purchased at an average cost of GBX 67 ($0.88) per share, with a total value of £3,205.28 ($4,228.04). Insiders acquired 55,580 shares of company stock worth $3,975,500 over the last ninety days.

About Lloyds Banking Group PLC

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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