Lloyds Banking Group PLC’s (LLOY) “Buy” Rating Reaffirmed at Beaufort Securities

Beaufort Securities reiterated their buy rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research report sent to investors on Wednesday. Beaufort Securities currently has a GBX 80 ($1.06) price objective on the financial services provider’s stock.

Other research analysts have also issued research reports about the stock. UBS AG set a GBX 85 ($1.12) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research note on Wednesday, June 28th. Shore Capital reiterated a buy rating on shares of Lloyds Banking Group PLC in a research note on Thursday, July 27th. Investec reissued a buy rating and issued a GBX 75 ($0.99) price objective on shares of Lloyds Banking Group PLC in a report on Tuesday, July 18th. Morgan Stanley set a GBX 85 ($1.12) price objective on shares of Lloyds Banking Group PLC and gave the company a buy rating in a report on Monday, July 17th. Finally, Jefferies Group LLC boosted their price objective on shares of Lloyds Banking Group PLC from GBX 86 ($1.13) to GBX 87 ($1.15) and gave the company a buy rating in a report on Wednesday, July 12th. Four analysts have rated the stock with a sell rating, one has given a hold rating and sixteen have given a buy rating to the stock. Lloyds Banking Group PLC currently has a consensus rating of Buy and an average price target of GBX 76.03 ($1.00).

Shares of Lloyds Banking Group PLC (LLOY) opened at 68.91 on Wednesday. The company has a 50 day moving average of GBX 66.44 and a 200 day moving average of GBX 66.97. Lloyds Banking Group PLC has a 1-year low of GBX 54.05 and a 1-year high of GBX 73.58. The company’s market cap is GBX 43.88 billion.

ILLEGAL ACTIVITY NOTICE: “Lloyds Banking Group PLC’s (LLOY) “Buy” Rating Reaffirmed at Beaufort Securities” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://www.com-unik.info/2017/10/29/lloyds-banking-group-plcs-lloy-buy-rating-reaffirmed-at-beaufort-securities.html.

In other news, insider George Culmer acquired 101,589 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was bought at an average cost of GBX 66 ($0.87) per share, for a total transaction of £67,048.74 ($88,478.15). Also, insider Antonio Horta-Osorio acquired 4,873 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were purchased at an average price of GBX 66 ($0.87) per share, with a total value of £3,216.18 ($4,244.10). Over the last 90 days, insiders acquired 111,908 shares of company stock valued at $7,385,829.

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.

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

What are top analysts saying about Lloyds Banking Group PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Lloyds Banking Group PLC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit