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Lloyds Banking Group PLC 24.7% Potential Upside Indicated by Goldman Sachs

Lloyds Banking Group PLC with EPIC/TICKER (LON:LLOY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Lloyds Banking Group PLC are listed in the Financials sector within UK Main Market. Goldman Sachs have set their target price at 61 GBX on its stock. This would imply the analyst believes there is now a potential upside of 24.7% from the opening price of 48.91 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.07 points and decreased 11.98 points respectively. The 52 week high for the stock is 66.79 GBX while the 52 week low is 48.23 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 56.52 GBX and a 200 day moving average of 58.70. There are currently 70,303,948,298 shares in issue with the average daily volume traded being 185,965,174. Market capitalisation for LON:LLOY is £34,046,712,578 GBP.