Analyst at Credit Suisse Reconfirmed The Lloyds Banking Group (LON:LLOY) Outperform Rating They’ve Had

May 17, 2018 - By Tina Thibodeau

Lloyds Banking Group plc (LON:LLOY) Logo

Lloyds Banking Group (LON:LLOY) Rating Reaffirmed

This Morning, Credit Suisse reiterated their Outperform rating on Lloyds Banking Group (LON:LLOY) shares in a report issued to investors and clients.

Lloyds Banking Group plc (LON:LLOY) Ratings Coverage

Among 14 analysts covering Lloyds Banking Group PLC (LON:LLOY), 8 have Buy rating, 3 Sell and 3 Hold. Therefore 57% are positive. Lloyds Banking Group PLC has GBX 91 highest and GBX 53 lowest target. GBX 74.08’s average target is 11.85% above currents GBX 66.23 stock price. Lloyds Banking Group PLC had 36 analyst reports since November 23, 2017 according to SRatingsIntel. The rating was maintained by HSBC on Wednesday, November 29 with “Buy”. The rating was maintained by Goldman Sachs with “Sell” on Tuesday, February 13. Morgan Stanley maintained the stock with “Equal Weight” rating in Tuesday, February 13 report. The rating was maintained by Investec on Wednesday, November 29 with “Buy”. Credit Suisse maintained the stock with “Outperform” rating in Friday, May 4 report. The company was maintained on Monday, March 19 by Credit Suisse. Citigroup maintained the stock with “Sell” rating in Wednesday, November 29 report. The rating was maintained by Jefferies with “Buy” on Wednesday, November 29. Credit Suisse maintained it with “Outperform” rating and GBX 85 target in Thursday, April 26 report. The firm has “Equal Weight” rating by Morgan Stanley given on Wednesday, February 21.

The stock increased 0.82% or GBX 0.54 during the last trading session, reaching GBX 66.23. About 113.04M shares traded. Lloyds Banking Group plc (LON:LLOY) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands to individual and business clients in the United Kingdom and internationally. The company has market cap of 47.62 billion GBP. The firm operates through four divisions: Retail, Commercial Banking, Consumer Finance, and Insurance. It has a 13.8 P/E ratio. The Retail segment offers a range of financial service products, including current accounts, savings, and mortgages to wealth and small business customers; and distributes insurance products, and a range of long-term savings and investment products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: