Lloyds Banking Group PLC (NYSE:LYG) was upgraded by equities researchers at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday.
Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Lloyds Banking Group PLC from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research note on Tuesday, September 26th. ValuEngine raised Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, September 6th. Finally, BidaskClub lowered Lloyds Banking Group PLC from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Six investment analysts have rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $4.00.
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About Lloyds Banking Group PLC
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.
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