Goldman Sachs Group restated their sell rating on shares of Lloyds Banking Group (LON:LLOY) in a report issued on Tuesday. They currently have a GBX 53 ($0.71) target price on the financial services provider’s stock.
Several other research firms have also issued reports on LLOY. Societe Generale restated a buy rating on shares of Lloyds Banking Group in a research report on Monday, September 11th. Citigroup restated a sell rating on shares of Lloyds Banking Group in a research report on Wednesday, November 29th. Berenberg Bank restated a sell rating and issued a GBX 55 ($0.74) price target on shares of Lloyds Banking Group in a research report on Wednesday, November 29th. Shore Capital restated a buy rating on shares of Lloyds Banking Group in a research report on Wednesday, October 25th. Finally, Deutsche Bank restated a buy rating and issued a GBX 73 ($0.98) price target on shares of Lloyds Banking Group in a research report on Tuesday, September 19th. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 75.88 ($1.02).
Lloyds Banking Group (LON:LLOY) traded down GBX 0.29 ($0.00) during trading on Tuesday, reaching GBX 64.86 ($0.87). 40,391,826 shares of the company’s stock traded hands, compared to its average volume of 140,000,000. Lloyds Banking Group has a 12-month low of GBX 56.93 ($0.77) and a 12-month high of GBX 73.58 ($0.99).
COPYRIGHT VIOLATION WARNING: “Lloyds Banking Group (LLOY) Receives Sell Rating from Goldman Sachs Group” was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.com-unik.info/2017/12/06/lloyds-banking-group-lloy-receives-sell-rating-from-goldman-sachs-group.html.
About Lloyds Banking Group
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.
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.