Macquarie reissued their outperform rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note issued to investors on Thursday morning. Macquarie currently has a GBX 65 ($0.81) price target on the financial services provider’s stock.

Other research analysts also recently issued research reports about the company. Beaufort Securities restated a buy rating on shares of Lloyds Banking Group PLC in a report on Tuesday, August 2nd. Shore Capital restated a buy rating on shares of Lloyds Banking Group PLC in a report on Thursday, July 28th. Morgan Stanley set a GBX 70 ($0.87) price target on Lloyds Banking Group PLC and gave the company a buy rating in a report on Friday, July 29th. Deutsche Bank AG reduced their price target on Lloyds Banking Group PLC from GBX 63 ($0.79) to GBX 60 ($0.75) and set a buy rating on the stock in a report on Friday, July 29th. Finally, RBC Capital Markets set a GBX 70 ($0.87) price target on Lloyds Banking Group PLC and gave the company a buy rating in a report on Monday, August 15th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 65.55 ($0.82).

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

Lloyds Banking Group PLC (LON:LLOY) traded down 0.87% on Thursday, hitting GBX 59.46. The stock had a trading volume of 97,535,070 shares. The stock has a 50 day moving average price of GBX 55.85 and a 200 day moving average price of GBX 59.03. The company’s market cap is GBX 36.16 billion. Lloyds Banking Group PLC has a 1-year low of GBX 47.10 and a 1-year high of GBX 75.56.

In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio bought 3,069 shares of Lloyds Banking Group PLC stock in a transaction on Wednesday, November 16th. The shares were bought at an average cost of GBX 62 ($0.77) per share, for a total transaction of £1,902.78 ($2,377.29). Also, insider Horta-Osorio,Antonio bought 3,330 shares of Lloyds Banking Group PLC stock in a transaction on Friday, September 16th. The shares were acquired at an average price of GBX 57 ($0.71) per share, for a total transaction of £1,898.10 ($2,371.44).

About Lloyds Banking Group PLC

LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.

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