Lloyds Banking Group PLC (LON: LLOY)‘s stock had its “buy” rating reiterated by research analysts at UBS AG in a report released on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 72 ($1.10) price target on the stock. UBS AG’s price target suggests a potential upside of 17.67% from the company’s current price.
A number of other analysts have also recently weighed in on LLOY. Analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a GBX 48 ($0.73) price target on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a GBX 45 ($0.69) price target on the stock.
Eight research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the company. Lloyds Banking Group PLC currently has a consensus rating of “Hold” and an average target price of GBX 56.79 ($0.87).
Shares of Lloyds Banking Group PLC (LON: LLOY) traded down 1.34% during mid-day trading on Tuesday, hitting GBX 60.37. Lloyds Banking Group PLC has a 52 week low of GBX 27.809 and a 52 week high of GBX 63.734. The stock’s 50-day moving average is currently GBX 37.64. The company’s market cap is £41.847 billion.
Lloyds Banking Group plc, is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.