Lloyds Banking Group PLC (LON:LLOY) PT Set at GBX 83 by J P Morgan Chase & Co
Lloyds Banking Group PLC (LON:LLOY) received a GBX 83 ($1.08) price target from investment analysts at J P Morgan Chase & Co in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the financial services provider’s stock. J P Morgan Chase & Co’s price target indicates a potential upside of 24.05% from the company’s previous close.
LLOY has been the subject of a number of other research reports. AlphaValue reiterated a “buy” rating and set a GBX 91.50 ($1.19) target price on shares of Lloyds Banking Group PLC in a report on Friday, April 28th. Goldman Sachs Group, Inc. (The) set a GBX 58 ($0.76) target price on Lloyds Banking Group PLC and gave the stock a “sell” rating in a report on Tuesday, May 2nd. Investec reiterated a “buy” rating and set a GBX 75 ($0.98) target price on shares of Lloyds Banking Group PLC in a report on Friday, July 28th. Barclays PLC reiterated an “overweight” rating and set a GBX 77 ($1.00) target price on shares of Lloyds Banking Group PLC in a report on Wednesday, June 28th. Finally, Deutsche Bank AG set a GBX 79 ($1.03) target price on Lloyds Banking Group PLC and gave the stock a “buy” rating in a report on Tuesday, May 30th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the stock. Lloyds Banking Group PLC 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 65.16 on Thursday. The firm has a 50-day moving average price of GBX 66.88 and a 200-day moving average price of GBX 67.52. Lloyds Banking Group PLC has a 52 week low of GBX 50.84 and a 52 week high of GBX 73.58. The stock’s market cap is GBX 41.49 billion.
In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio purchased 4,784 shares of the company’s stock in a transaction dated Tuesday, July 18th. The stock was bought at an average cost of GBX 67 ($0.87) per share, for a total transaction of £3,205.28 ($4,174.09). Over the last quarter, insiders bought 55,184 shares of company stock valued at $3,948,176.
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.
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