TOday’s Movers: Lloyds Banking Group (LON:LLOY) Stock Rating Restated by Nomura; GBX 95.00 Target Price Indicates 34.43% Potential

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Lloyds Banking Group (LON:LLOY) Rating Reaffirmed

Nomura now has a GBX 95.00 target price per share on shares of Lloyds Banking Group (LON:LLOY). The target price per share may mean a potential upside of 34.43% from the close price of Lloyds Banking Group (LON:LLOY). This rating was disclosed to clients in an analyst note on Wednesday, 9 December.

From a total of 23 analysts covering Lloyds Banking Group PLC (LON:LLOY) stock, 17 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 65% of the ratings are positive. The highest target price is GBX 105 while the lowest target price is GBX 55. The mean of all analyst targets is GBX 88.09 with a 23.68% above today’s (GBX 71.83) stock price. Lloyds Banking Group PLC was the topic of 88 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 9 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 91 target share price in a report from a December 2. Berenberg maintained LLOY stock in a recent report from December 7 with “Sell” rating. Societe Generale maintained the rating on December 1. Societe Generale has a “Buy” rating and a GBX 98 price target on shares. Finally, AlphaValue maintained the stock with “Buy” rating in a report issued on a December 3.

The stock increased 0.73% or GBX 0.52 on December 9, striking GBX 71.83. Approximately 127.91 million shares of stock traded hands. Lloyds Banking Group PLC (LON:LLOY) has declined 18.05% since May 12, 2015 and is downtrending. It has underperformed by 17.26% the S&P500.

TOday’s Movers: Lloyds Banking Group (LON:LLOY) Stock Rating Restated by Nomura; GBX 95.00 Target Price Indicates 34.43% Potential

Lloyds Banking Group plc is engaged in providing financial services to individual and business clients in the United Kingdom and in certain locations overseas. The company has a market cap of 52.11 billion GBP. The Firm offers retail and commercial banking, and long-term savings, protection and investment. It has 31.08 P/E ratio. It operates through five divisions: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc .

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