Lloyds Banking Group PLC’s Buy Rating Reaffirmed at Deutsche Bank (LLOY)

Lloyds Banking Group PLC (LON: LLOY)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Wednesday. They currently have a $1.00 (66 GBX) target price on the stock.

Lloyds Banking Group PLC traded up 1.05% on Wednesday, hitting GBX 53.70. Lloyds Banking Group PLC has a 1-year low of GBX 24.727 and a 1-year high of GBX 56.14. The stock’s 50-day moving average is currently GBX 37.64. The company’s market cap is £38.612 billion.

A number of other analysts have also recently weighed in on LLOY. Analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Monday. They now have a $0.73 price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note to investors on Wednesday, February 20th. They now have a $0.70 price target on the stock. Finally, analysts at AlphaValue reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note to investors on Thursday, February 7th. They now have a $0.71 price target on the stock.

Lloyds Banking Group plc, incorporated on October 21, 1985, is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.

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