Lloyds Banking Group plc (LON:LLOY - Get Free Report) has received a consensus recommendation of "Hold" from the nine research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 55.50 ($0.70).
Several analysts have issued reports on LLOY shares. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 55 ($0.70) price objective on shares of Lloyds Banking Group in a research report on Wednesday, August 21st. Shore Capital restated a "hold" rating on shares of Lloyds Banking Group in a research note on Wednesday, October 23rd. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 60 ($0.76) price target on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Finally, Citigroup reissued a "neutral" rating on shares of Lloyds Banking Group in a research report on Thursday, October 24th.
View Our Latest Analysis on Lloyds Banking Group
LON LLOY opened at GBX 55.32 ($0.70) on Wednesday. Lloyds Banking Group has a one year low of GBX 41 ($0.52) and a one year high of GBX 63.47 ($0.81). The company's 50 day moving average price is GBX 57.72 and its 200 day moving average price is GBX 57.05. The firm has a market capitalization of £33.89 billion, a price-to-earnings ratio of 790.29, a PEG ratio of 1.84 and a beta of 1.23.
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.
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