Lloyds Banking Group PLC (LLOY) Receives Sell Rating from Goldman Sachs Group Inc

Goldman Sachs Group Inc reissued their sell rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note published on Tuesday. Goldman Sachs Group Inc currently has a GBX 58 ($0.75) price target on the financial services provider’s stock.

A number of other research analysts also recently weighed in on LLOY. Shore Capital reissued a buy rating on shares of Lloyds Banking Group PLC in a research note on Tuesday, January 31st. Jefferies Group LLC lifted their price target on Lloyds Banking Group PLC from GBX 67 ($0.86) to GBX 82 ($1.05) and gave the stock a buy rating in a research report on Wednesday, February 1st. HSBC Holdings plc raised Lloyds Banking Group PLC to a buy rating and lifted their price target for the stock from GBX 60 ($0.77) to GBX 75 ($0.96) in a research report on Monday, February 6th. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 68 ($0.87) price target on shares of Lloyds Banking Group PLC in a research report on Monday, February 6th. Finally, Barclays PLC reaffirmed an overweight rating and issued a GBX 75 ($0.96) price target on shares of Lloyds Banking Group PLC in a research report on Tuesday, February 14th. Six research analysts have rated the stock with a sell rating, three have assigned a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 71.66 ($0.92).

Analyst Recommendations for Lloyds Banking Group PLC (LON:LLOY)

Shares of Lloyds Banking Group PLC (LON LLOY) opened at 69.3461 on Tuesday. Lloyds Banking Group PLC has a 12 month low of GBX 47.10 and a 12 month high of GBX 73.58. The firm has a 50-day moving average of GBX 68.91 and a 200 day moving average of GBX 65.77. The firm’s market cap is GBX 54.91 billion.

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In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio purchased 50,000 shares of the stock in a transaction on Wednesday, May 17th. The stock was bought at an average cost of GBX 72 ($0.92) per share, for a total transaction of £36,000 ($46,242.77). Insiders acquired 55,905 shares of company stock valued at $3,976,803 over the last 90 days.

Lloyds Banking Group PLC 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:LLOY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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