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Lloyds Banking Group PLC 23.5% Potential Upside Indicated by JP Morgan Cazenove

Lloyds Banking Group PLC using EPIC/TICKER code (LON:LLOY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Lloyds Banking Group PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 60 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.5% from today’s opening price of 48.58 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.11 points and decreased 11.52 points respectively. The 1 year high for the share price is 66.79 GBX while the 52 week low is 48.16 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 56.33 GBX and the 200 Day Moving Average price is recorded at 58.64. There are currently 70,285,490,756 shares in issue with the average daily volume traded being 190,461,283. Market capitalisation for LON:LLOY is £34,401,332,601 GBP.