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Lloyds Banking Group PLC 24.2% Potential Upside Indicated by Deutsche Bank

Lloyds Banking Group PLC using EPIC/TICKER code (LON:LLOY) has 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 68 GBX on its stock. This indicates the analyst now believes there is a potential upside of 24.2% from today’s opening price of 54.73 GBX. Over the last 30 and 90 trading days the company share price has increased 1.38 points and decreased 3.46 points respectively. The 1 year high for the share price is 72.77 GBX while the 52 week low is 49.52 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 55.54 GBX and the 200 Day Moving Average price is recorded at 60.87. There are currently 71,163,592,264 shares in issue with the average daily volume traded being 199,994,131. Market capitalisation for LON:LLOY is £38,848,203,889 GBP.