UBS Group set a GBX 87 ($1.20) target price on Lloyds Banking Group (LON:LLOY) in a research report report published on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the financial services provider’s stock.
LLOY has been the topic of several other research reports. Shore Capital restated a buy rating on shares of Lloyds Banking Group in a report on Tuesday, November 28th. Deutsche Bank raised their target price on shares of Lloyds Banking Group from GBX 77 ($1.06) to GBX 83 ($1.15) and gave the stock a buy rating in a report on Friday, January 26th. Credit Suisse Group restated an outperform rating and issued a GBX 85 ($1.17) target price on shares of Lloyds Banking Group in a report on Friday, February 9th. HSBC restated a buy rating and issued a GBX 76 ($1.05) target price on shares of Lloyds Banking Group in a report on Wednesday, November 29th. Finally, Investec raised their target price on shares of Lloyds Banking Group from GBX 75 ($1.04) to GBX 76 ($1.05) and gave the stock a buy rating in a report on Monday, January 8th. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 76.38 ($1.06).
Lloyds Banking Group (LLOY) opened at GBX 67.50 ($0.93) on Thursday. Lloyds Banking Group has a fifty-two week low of GBX 61.81 ($0.85) and a fifty-two week high of GBX 73.58 ($1.02). The stock has a market cap of $48,510.00 and a P/E ratio of 1,687.50.
In related news, insider Antonio Horta-Osorio purchased 4,747 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were acquired at an average price of GBX 67 ($0.93) per share, for a total transaction of £3,180.49 ($4,394.16). In the last quarter, insiders purchased 5,153 shares of company stock worth $345,657.
TRADEMARK VIOLATION WARNING: “Lloyds Banking Group (LLOY) PT Set at GBX 87 by UBS Group” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3256928/lloyds-banking-group-lloy-pt-set-at-gbx-87-by-ubs-group.html.
Lloyds Banking Group Company Profile
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.