Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “overweight” rating restated by investment analysts at Barclays PLC in a report released on Thursday. They currently have a GBX 77 ($1.02) target price on the financial services provider’s stock. Barclays PLC’s price objective suggests a potential upside of 15.62% from the stock’s previous close.

Several other equities research analysts have also weighed in on LLOY. UBS AG set a GBX 85 ($1.13) price objective on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research note on Wednesday, June 28th. Morgan Stanley set a GBX 80 ($1.06) target price on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research report on Monday, October 2nd. Deutsche Bank AG set a GBX 79 ($1.05) target price on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research report on Monday, August 14th. Berenberg Bank restated a “sell” rating and issued a GBX 55 ($0.73) target price on shares of Lloyds Banking Group PLC in a research report on Wednesday, August 2nd. Finally, Jefferies Group LLC upped their target price on shares of Lloyds Banking Group PLC from GBX 87 ($1.15) to GBX 91 ($1.21) and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. Lloyds Banking Group PLC presently has an average rating of “Buy” and an average target price of GBX 74.88 ($0.99).

Lloyds Banking Group PLC (LON:LLOY) opened at 66.60 on Thursday. The company’s 50 day moving average price is GBX 65.28 and its 200-day moving average price is GBX 66.96. The stock’s market cap is GBX 42.40 billion. Lloyds Banking Group PLC has a 12-month low of GBX 50.84 and a 12-month high of GBX 73.58.

ILLEGAL ACTIVITY WARNING: “Barclays PLC Reiterates Overweight Rating for Lloyds Banking Group PLC (LLOY)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark law. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/10/07/barclays-plc-reiterates-overweight-rating-for-lloyds-banking-group-plc-lloy.html.

In other news, insider George Culmer bought 101,589 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average cost of GBX 66 ($0.88) per share, for a total transaction of £67,048.74 ($88,935.85). Also, insider Antonio Horta-Osorio bought 4,784 shares of the stock in a transaction that occurred on Tuesday, July 18th. The stock was purchased at an average price of GBX 67 ($0.89) per share, for a total transaction of £3,205.28 ($4,251.60). Insiders purchased a total of 111,855 shares of company stock worth $7,387,115 over the last quarter.

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)

Receive News & Stock Ratings for Lloyds Banking Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group PLC and related stocks with our FREE daily email newsletter.