Lloyds Banking Group (LLOY) Receives Sell Rating from Citigroup
Lloyds Banking Group (LON:LLOY)‘s stock had its “sell” rating reiterated by equities researchers at Citigroup in a research note issued to investors on Monday.
Several other research analysts have also recently commented on LLOY. UBS Group set a GBX 85 ($1.17) price target on shares of Lloyds Banking Group and gave the stock a “buy” rating in a report on Friday, October 20th. Deutsche Bank boosted their price target on shares of Lloyds Banking Group from GBX 73 ($1.01) to GBX 77 ($1.06) and gave the stock a “buy” rating in a report on Monday, October 23rd. Societe Generale reiterated a “buy” rating on shares of Lloyds Banking Group in a report on Monday, October 23rd. Shore Capital reiterated a “buy” rating on shares of Lloyds Banking Group in a report on Wednesday, October 25th. Finally, Beaufort Securities reiterated a “buy” rating and set a GBX 80 ($1.11) price target on shares of Lloyds Banking Group in a report on Wednesday, October 25th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company’s stock. Lloyds Banking Group presently has a consensus rating of “Buy” and an average target price of GBX 76.08 ($1.05).
Lloyds Banking Group (LON:LLOY) opened at GBX 66.48 ($0.92) on Monday. Lloyds Banking Group has a twelve month low of GBX 61.81 ($0.85) and a twelve month high of GBX 73.58 ($1.02). The company has a market cap of $47,910.00 and a P/E ratio of 1,662.00.
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.
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