Lloyds Banking Group (LLOY) Given a GBX 90 Price Target at Credit Suisse Group

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Credit Suisse Group set a GBX 90 ($1.18) price objective on Lloyds Banking Group (LON:LLOY) in a report published on Friday. The firm currently has a buy rating on the financial services provider’s stock.

Other equities analysts also recently issued reports about the stock. UBS Group set a GBX 80 ($1.05) price target on shares of Lloyds Banking Group and gave the company a buy rating in a research note on Tuesday, August 7th. Goldman Sachs Group set a GBX 56 ($0.73) price target on shares of Lloyds Banking Group and gave the company a sell rating in a research note on Tuesday, October 2nd. HSBC decreased their price target on shares of Lloyds Banking Group from GBX 72 ($0.94) to GBX 68 ($0.89) and set a hold rating on the stock in a research note on Friday, August 17th. BNP Paribas set a GBX 70 ($0.91) price target on shares of Lloyds Banking Group and gave the company a neutral rating in a research note on Thursday, September 20th. Finally, Deutsche Bank upped their price target on shares of Lloyds Banking Group from GBX 74 ($0.97) to GBX 77 ($1.01) and gave the company a buy rating in a research note on Friday, October 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. Lloyds Banking Group has an average rating of Buy and a consensus price target of GBX 76.28 ($1.00).

Shares of LLOY stock traded up GBX 0.30 ($0.00) on Friday, hitting GBX 59.95 ($0.78). The company’s stock had a trading volume of 147,606,743 shares, compared to its average volume of 151,650,000. Lloyds Banking Group has a fifty-two week low of GBX 61.81 ($0.81) and a fifty-two week high of GBX 73.58 ($0.96).

In related news, insider Juan Colombás sold 225,567 shares of the company’s stock in a transaction dated Wednesday, September 19th. The shares were sold at an average price of GBX 60 ($0.78), for a total transaction of £135,340.20 ($176,845.94).

Lloyds Banking Group Company Profile

Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. The company operates through three segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, and unsecured consumer lending products to personal and small business customers.

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Analyst Recommendations for Lloyds Banking Group (LON:LLOY)

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