Analysts Set Lloyds Banking Group plc (LON:LLOY) PT at GBX 113.44

Lloyds Banking Group plc (LON:LLOYGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 113.44.

A number of research firms recently commented on LLOY. JPMorgan Chase & Co. lowered their price target on Lloyds Banking Group from GBX 171 to GBX 121 and set a “neutral” rating for the company in a research report on Monday, April 13th. Citigroup increased their price target on Lloyds Banking Group from GBX 114 to GBX 123 and gave the company a “buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 120 price target on shares of Lloyds Banking Group in a research report on Thursday, April 30th. Shore Capital Group reissued a “sell” rating on shares of Lloyds Banking Group in a research report on Thursday, April 30th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 125 price target on shares of Lloyds Banking Group in a research report on Wednesday, April 29th.

View Our Latest Report on Lloyds Banking Group

Lloyds Banking Group Stock Down 0.6%

Shares of LLOY opened at GBX 108.45 on Wednesday. Lloyds Banking Group has a 12-month low of GBX 72.85 and a 12-month high of GBX 114.60. The business’s fifty day moving average is GBX 100.20 and its 200 day moving average is GBX 99.73. The stock has a market cap of £63.19 billion, a P/E ratio of 14.27, a P/E/G ratio of 1.84 and a beta of 0.92.

Lloyds Banking Group (LON:LLOYGet Free Report) last issued its earnings results on Thursday, April 30th. The financial services provider reported GBX 2.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 478.50 billion for the quarter. Lloyds Banking Group had a return on equity of 10.75% and a net margin of 25.91%. On average, analysts expect that Lloyds Banking Group will post 7.3199528 EPS for the current year.

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Lloyds Banking Group Company Profile

(Get Free Report)

We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.

The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.

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Analyst Recommendations for Lloyds Banking Group (LON:LLOY)

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