Deutsche Bank AG reiterated their buy rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note released on Friday morning, MarketBeat Ratings reports. Deutsche Bank AG currently has a GBX 79 ($1.04) price objective on the financial services provider’s stock.

A number of other equities analysts have also issued reports on LLOY. Societe Generale reissued a buy rating and issued a GBX 80 ($1.06) price objective on shares of Lloyds Banking Group PLC in a report on Thursday, March 30th. Berenberg Bank reissued a sell rating and issued a GBX 55 ($0.73) price objective on shares of Lloyds Banking Group PLC in a report on Sunday, April 2nd. Jefferies Group LLC increased their price objective on Lloyds Banking Group PLC from GBX 82 ($1.08) to GBX 86 ($1.13) and gave the stock a buy rating in a report on Monday, April 3rd. Goldman Sachs Group, Inc. (The) set a GBX 60 ($0.79) price objective on Lloyds Banking Group PLC and gave the stock a sell rating in a report on Monday, April 3rd. Finally, Credit Suisse Group reissued a neutral rating and issued a GBX 70 ($0.92) price objective on shares of Lloyds Banking Group PLC in a report on Friday, April 21st. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 75.26 ($0.99).

Shares of Lloyds Banking Group PLC (LLOY) opened at 65.71 on Friday. The stock has a 50 day moving average price of GBX 67.23 and a 200 day moving average price of GBX 67.48. 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 market capitalization is GBX 41.84 billion.

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The business also recently declared a dividend, which will be paid on Wednesday, September 27th. Stockholders 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 related news, insider Antonio Horta-Osorio purchased 4,784 shares of the company’s stock in a transaction dated Tuesday, July 18th. The shares were acquired at an average cost of GBX 67 ($0.88) per share, with a total value of £3,205.28 ($4,228.04). Insiders bought 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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