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Lloyds Banking Group PLC 5.6% Potential Upside Indicated by Goldman Sachs

Lloyds Banking Group PLC using EPIC/TICKER code (LON:LLOY) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ this morning 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 66 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.6% from the opening price of 62.5 GBX. Over the last 30 and 90 trading days the company share price has increased 4.78 points and increased 10.96 points respectively. The 52 week high for the stock is 69.69 GBX while the year low share price is currently 49.52 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 58.54 GBX and a 200 day moving average of 59.42. There are currently 71,268,358,451 shares in issue with the average daily volume traded being 153,009,581. Market capitalisation for LON:LLOY is £44,621,372,812 GBP.