Lloyds Banking Group (LON:LLOY) has been given a GBX 80 ($1.08) target price by equities research analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the financial services provider’s stock. Morgan Stanley’s price objective suggests a potential upside of 20.77% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. Shore Capital reaffirmed a “buy” rating on shares of Lloyds Banking Group in a report on Friday, December 8th. Citigroup reiterated a “sell” rating on shares of Lloyds Banking Group in a research report on Wednesday, December 6th. Goldman Sachs Group reiterated a “sell” rating and issued a GBX 53 ($0.71) price target on shares of Lloyds Banking Group in a research report on Tuesday, December 5th. J P Morgan Chase & Co 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 Wednesday, November 29th. Finally, Berenberg Bank reiterated 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. Four analysts have rated the stock with a sell rating, one has issued a hold rating and seventeen have assigned a buy rating to the company. Lloyds Banking Group presently has an average rating of “Buy” and a consensus target price of GBX 75.88 ($1.02).

Lloyds Banking Group (LON LLOY) opened at GBX 66.24 ($0.89) on Wednesday. Lloyds Banking Group has a 1-year low of GBX 61.81 ($0.83) and a 1-year high of GBX 73.58 ($0.99).

In other Lloyds Banking Group news, insider George Culmer bought 101,589 shares of the business’s stock in a transaction dated Monday, September 18th. The shares were acquired at an average price of GBX 66 ($0.89) per share, with a total value of £67,048.74 ($90,240.57). Also, insider Antonio Horta-Osorio bought 4,837 shares of the business’s stock in a transaction dated Wednesday, October 18th. The stock was acquired at an average cost of GBX 66 ($0.89) per share, for a total transaction of £3,192.42 ($4,296.66). In the last quarter, insiders acquired 111,896 shares of company stock worth $7,385,773.

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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.

Analyst Recommendations for Lloyds Banking Group (LON:LLOY)

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