Lloyds Banking Group's (LON:LLOY) Outperform Rating Reaffirmed at Credit Suisse Group

Finally, Macquarie downgraded Lloyds Banking Group from a "neutral" rating to an "underperform" rating in a research note on Wednesday, November 29th. Accern also gave news articles about the financial services provider an impact score of 44.6772686544893 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. Investec's target price suggests a potential upside of 11.34% from the company's previous close.

Several other research firms have also commented on LLOY. Royal Bank of Canada reissued an outperform rating and set a GBX 90 ($1.16) target price on shares of Lloyds Banking Group PLC in a report on Tuesday, February 28th. Royal Bank Of Canada restated an outperform rating and issued a GBX 90 ($1.21) price objective on shares of Lloyds Banking Group in a research note on Friday, October 27th. J P Morgan Chase & Co increased their price target on Lloyds Banking Group from GBX 83 ($1.12) to GBX 85 ($1.14) and gave the stock an overweight rating in a research note on Thursday, October 26th.

While looking at the Stock's Performance, Lloyds Banking Group plc now shows a Weekly Performance of 0.57%, where Monthly Performance is -1.67%, Quarterly performance is 7.6%, 6 Months performance is -4.58% and yearly performance percentage is 19.73%. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and seventeen have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 270.89 ($3.65).

Currently Lloyds Banking Group Plc (NYSE:LYG)'s shares owned by insiders are 81.3%, whereas shares owned by institutional owners are 2.1%. Lloyds Banking Group has a fifty-two week low of $3.06 and a fifty-two week high of $3.87. In the last three months, insiders purchased 55,905 shares of company stock worth $3,976,803.

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Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company's segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

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