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Lloyds Banking Group PLC 11% Potential Upside Indicated by Deutsche Bank

Lloyds Banking Group PLC with EPIC/TICKER (LON:LLOY) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning 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 55 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.0% from today’s opening price of 49.57 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.67 points and decreased 8.47 points respectively. The 1 year high share price is 66.79 GBX while the 52 week low for the stock is 48.16 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 54.05 GBX and a 200 Day Moving Average share price is recorded at 58.10. There are currently 70,053,410,358 shares in issue with the average daily volume traded being 209,128,317. Market capitalisation for LON:LLOY is £35,042,526,269 GBP.