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Lloyds Banking Group PLC 10.9% Potential Upside Indicated by Deutsche Bank

Lloyds Banking Group PLC using EPIC/TICKER code LON:LLOY had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Lloyds Banking Group PLC are listed in the Financials sector within UK Main Market. Deutsche Bank have set a target price of 60 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.9% from the opening price of 54.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.1 points and decreased 13.27 points respectively.

 

Lloyds Banking Group PLC LON:LLOY has a 50 day moving average of 58.93 GBX and a 200 day moving average of 66.66 GBX. The 52 week high share price is 80.93 GBX while the 52 week low for the stock is 47.1 GBX. There are currently 71,373,743,119 shares in issue with the average daily volume traded being 216,852,600. Market capitalisation for LON:LLOY is £38,606,057,762 GBP.

 

Lloyds Banking Group PLC provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance. Its Retail segment provides banking, mortgages and other financial services to personal and small business customers in the United Kingdom.