Lloyds Banking Group PLC Stock Rating Reaffirmed by Credit Suisse (LLOY)

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Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “neutral” rating restated by Credit Suisse in a research note issued on Wednesday. They currently have a GBX 72 ($1.10) target price on the stock. Credit Suisse’s target price would indicate a potential downside of 3.21% from the company’s current price.

LLOY has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Monday. Analysts at Deutsche Bank reiterated a “buy” rating and set a GBX 94 ($1.43) price target on shares of Lloyds Banking Group PLC in a research note on Monday. Analysts at Societe Generale reiterated a “buy” rating and set a GBX 96 ($1.46) price target on shares of Lloyds Banking Group PLC in a research note on Friday, February 6th. Finally, analysts at Investec reiterated a “buy” rating and set a GBX 85 ($1.30) price target on shares of Lloyds Banking Group PLC in a research note on Thursday, February 5th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 84.99 ($1.30).

Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 74.5122 on Wednesday. Lloyds Banking Group PLC has a 52 week low of GBX 70.015 and a 52 week high of GBX 84.09. The stock has a 50-day moving average of GBX 74.98 and a 200-day moving average of GBX 75.6. The company’s market cap is £44.098 billion.

Lloyds Banking Group plc, is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. The Company operates in four segments: Retail, Commercial Banking, Wealth, Asset Finance and International and Insurance.

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