Lloyds Banking Group plc (LLOY) Given a GBX 55 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Goldman Sachs Group, Inc. (The) set a GBX 55 ($0.72) target price on Lloyds Banking Group plc (LON:LLOY) in a research report sent to investors on Wednesday morning. The firm currently has a sell rating on the financial services provider’s stock.

Several other analysts have also issued reports on the company. UBS AG set a GBX 85 ($1.12) target price on Lloyds Banking Group plc and gave the company a buy rating in a research note on Monday, September 4th. Societe Generale restated a buy rating on shares of Lloyds Banking Group plc in a research note on Monday, September 11th. Deutsche Bank AG boosted their target price on Lloyds Banking Group plc from GBX 73 ($0.96) to GBX 77 ($1.01) and gave the company a buy rating in a research note on Monday, October 23rd. Royal Bank Of Canada restated an outperform rating and issued a GBX 90 ($1.18) target price on shares of Lloyds Banking Group plc in a research note on Monday, September 4th. Finally, Barclays PLC restated an overweight rating and issued a GBX 77 ($1.01) target price on shares of Lloyds Banking Group plc in a research note on Friday, July 28th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have given a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 75.98 ($1.00).

Shares of Lloyds Banking Group plc (LON:LLOY) traded down GBX 0.20 ($0.00) on Wednesday, hitting GBX 66.48 ($0.87). The company’s stock had a trading volume of 93,188,086 shares, compared to its average volume of 136,460,000. Lloyds Banking Group plc has a 52-week low of GBX 55.78 ($0.73) and a 52-week high of GBX 73.58 ($0.97).

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In related news, insider Antonio Horta-Osorio bought 4,837 shares of the stock in a transaction dated Wednesday, October 18th. The stock was bought at an average price of GBX 66 ($0.87) per share, with a total value of £3,192.42 ($4,198.90). Also, insider George Culmer bought 101,589 shares of the stock in a transaction dated Monday, September 18th. The stock was bought at an average cost of GBX 66 ($0.87) per share, with a total value of £67,048.74 ($88,187.22). In the last three months, insiders bought 111,947 shares of company stock valued at $7,388,442.

About Lloyds Banking Group plc

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)

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