Reaffirmed: Lloyds Banking Group (LON:LLOY) “Outperform” Rating Reemphasized by Analysts at RBC Capital Markets; GBX 95 Target in Place

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Lloyds Banking Group (LON:LLOY) Rating Reaffirmed

RBC Capital Markets now has a GBX 95 target on shares of Lloyds Banking Group (LON:LLOY). The target may imply a potential upside of 32.63% from the stock close price of Lloyds Banking Group (LON:LLOY). This rating was disclosed in a recent research report on Friday morning.

From a total of 23 analysts covering Lloyds Banking Group PLC (LON:LLOY) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 87.91 with a 24.55% above today’s (GBX 71.33) stock price. Lloyds Banking Group PLC was the topic of 90 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 17 with “Buy” rating. AlphaValue maintained shares with “Buy” rating and GBX 84.8 target share price in a report from a December 3. Nomura maintained LLOY stock in a recent report from December 9 with “Buy” rating. Societe Generale maintained the rating on December 1. Societe Generale has a “Buy” rating and a GBX 98 price target on shares. Finally, Berenberg maintained the stock with “Sell” rating in a report issued on a December 7.

It is down 18.80% since May 21, 2015 and is downtrending. It has underperformed by 14.99% the S&P500.

Reaffirmed: Lloyds Banking Group (LON:LLOY)

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 50.34 billion GBP. The Firm offers retail and commercial banking, and long-term savings, protection and investment. It has 30.87 P/E ratio. It operates through five divisions: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc .

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