Lloyds Banking Group plc (LON:LLOY) Receives GBX 55.33 Consensus Target Price from Analysts

Lloyds Banking Group plc (LON:LLOY) has been given an average rating of “Hold” by the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 55.33 ($0.70).

LLOY has been the topic of a number of recent analyst reports. Shore Capital reiterated a “buy” rating on shares of Lloyds Banking Group in a research note on Wednesday, April 24th. Peel Hunt assumed coverage on Lloyds Banking Group in a research report on Friday, April 19th. They issued a “hold” rating and a GBX 55 ($0.70) price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on Lloyds Banking Group from GBX 41 ($0.52) to GBX 45 ($0.57) and gave the stock an “underweight” rating in a report on Tuesday, April 9th.

Lloyds Banking Group Price Performance

Shares of LLOY opened at GBX 54.74 ($0.69) on Friday. The company has a market capitalization of £34.49 billion, a PE ratio of 782.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.23. Lloyds Banking Group has a one year low of GBX 39.42 ($0.50) and a one year high of GBX 57.39 ($0.73). The company’s fifty day moving average price is GBX 54.34 and its 200 day moving average price is GBX 49.59.

Lloyds Banking Group Company Profile

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.