Berenberg Bank reiterated their sell rating on shares of Lloyds Banking Group (LON:LLOY) in a research note released on Wednesday. Berenberg Bank currently has a GBX 55 ($0.74) price target on the financial services provider’s stock.

A number of other research analysts have also recently issued reports on the stock. Goldman Sachs Group set a GBX 55 ($0.74) price target on shares of Lloyds Banking Group and gave the company a sell rating in a research report on Wednesday, November 8th. UBS set a GBX 85 ($1.14) price target on shares of Lloyds Banking Group and gave the company a buy rating in a research report on Monday, September 4th. Societe Generale reissued a buy rating on shares of Lloyds Banking Group in a research report on Monday, September 11th. Deutsche Bank lifted their price target on shares of Lloyds Banking Group from GBX 73 ($0.98) to GBX 77 ($1.03) and gave the company a buy rating in a research report on Monday, October 23rd. Finally, Royal Bank Of Canada reissued an outperform rating and set a GBX 90 ($1.21) price target on shares of Lloyds Banking Group in a research report on Monday, September 4th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and seventeen have given a buy rating to the company’s stock. Lloyds Banking Group currently has a consensus rating of Buy and a consensus price target of GBX 75.98 ($1.02).

Shares of Lloyds Banking Group (LON LLOY) traded down GBX 1.11 ($0.01) during midday trading on Wednesday, reaching GBX 64.89 ($0.87). 179,860,000 shares of the company were exchanged, compared to its average volume of 138,250,000. Lloyds Banking Group has a one year low of GBX 56.93 ($0.76) and a one year high of GBX 73.58 ($0.99).

In other Lloyds Banking Group news, insider Antonio Horta-Osorio bought 4,837 shares of the business’s stock in a transaction that occurred on Wednesday, October 18th. The stock was bought at an average cost of GBX 66 ($0.88) per share, for a total transaction of £3,192.42 ($4,275.37). Also, insider George Culmer bought 101,589 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of GBX 66 ($0.88) per share, with a total value of £67,048.74 ($89,793.41). Insiders have purchased 111,907 shares of company stock valued at $7,385,802 over the last 90 days.

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Lloyds Banking Group 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 (LON:LLOY)

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