Lloyds Banking Group (LON:LLOY – Get Free Report)‘s stock had its “neutral” rating reissued by equities researchers at Citigroup in a report released on Thursday, Marketbeat.com reports.
LLOY has been the subject of a number of other research reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 55 ($0.71) target price on shares of Lloyds Banking Group in a report on Wednesday, August 21st. Shore Capital reiterated a “hold” rating on shares of Lloyds Banking Group in a report on Wednesday. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 60 ($0.78) target price on shares of Lloyds Banking Group in a report on Thursday. Finally, JPMorgan Chase & Co. lifted their target price on Lloyds Banking Group from GBX 50 ($0.65) to GBX 54 ($0.70) and gave the stock an “underweight” rating in a report on Wednesday, July 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lloyds Banking Group has an average rating of “Hold” and a consensus target price of GBX 56.86 ($0.74).
Lloyds Banking Group Stock Up 0.8 %
Lloyds Banking Group Company Profile
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.
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