Latest Stocks: JPMorgan Chase & Co. Analysts Give Lloyds Banking Group PLC (LLOY) a GBX 83 Price Target

Latest Stocks: JPMorgan Chase & Co. Analysts Give Lloyds Banking Group PLC (LLOY) a GBX 83 Price Target

JPMorgan Chase & Co. set a GBX 83 ($1.07) target price on Lloyds Banking Group PLC (LON:LLOY) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other equities analysts have also recently issued reports on LLOY. Jefferies Group LLC increased their target price on Lloyds Banking Group PLC from GBX 67 ($0.87) to GBX 82 ($1.06) and gave the stock a buy rating in a report on Wednesday, February 1st. HSBC Holdings plc upgraded Lloyds Banking Group PLC to a buy rating and increased their target price for the stock from GBX 60 ($0.78) to GBX 75 ($0.97) in a report on Monday, February 6th. Deutsche Bank AG reiterated a hold rating and set a GBX 68 ($0.88) target price on shares of Lloyds Banking Group PLC in a report on Monday, February 6th. Barclays PLC reiterated an overweight rating and set a GBX 75 ($0.97) target price on shares of Lloyds Banking Group PLC in a report on Tuesday, February 14th. Finally, Morgan Stanley set a GBX 80 ($1.03) target price on Lloyds Banking Group PLC and gave the stock a buy rating in a report on Thursday, February 16th. Six research analysts have rated the stock with a sell rating, three have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 71.66 ($0.93).

In other news, insider Antonio Horta-Osorio bought 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average price of GBX 72 ($0.93) per share, for a total transaction of £36,000 ($46,517.64). In the last 90 days, insiders purchased 55,686 shares of company stock worth $3,961,692. Lloyds Banking Group PLC Company Profile

Related posts

Leave a Comment