Lloyds Banking Group PLC Rating Reiterated by BNP Paribas (LLOY)

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Lloyds Banking Group PLC (LON: LLOY)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Friday, Analyst Ratings Network.com reports. They currently have a GBX 65 ($0.99) target price on the stock. BNP Paribas’ price target points to a potential upside of 4.30% from the stock’s previous close.

Shares of Lloyds Banking Group PLC (LON: LLOY) opened at 62.00 on Friday. Lloyds Banking Group PLC has a one year low of GBX 27.193 and a one year high of GBX 63.734. The stock’s 50-day moving average is currently GBX 37.64. The company’s market cap is £42.977 billion.

LLOY has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note to investors on Wednesday, June 5th. They now have a GBX 70 ($1.07) price target on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday, June 3rd. They now have a GBX 50 ($0.76) price target on the stock. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday, June 3rd. They now have a GBX 66 ($1.01) price target on the stock.

Nine equities research analysts have rated the stock with a sell rating, nine have given a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 55.93 ($0.85).

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.

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