Lloyds Banking Group PLC 14.2% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Lloyds Banking Group PLC using EPIC/TICKER code (LON:LLOY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. Lloyds Banking Group PLC are listed in the Financials sector within UK Main Market. Goldman Sachs have set a target price of 56 GBX on its stock. This is indicating the analyst believes there is a potential downside of -14.2% from the opening price of 65.25 GBX. Over the last 30 and 90 trading days the company share price has increased 5.51 points and increased 12.57 points respectively. The 1 year high share price is 73.66 GBX while the 52 week low is 48.16 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 60.35 GBX and the 200 Day Moving Average price is recorded at 58.52. There are currently 70,044,224,961 shares in issue with the average daily volume traded being 203,993,550. Market capitalisation for LON:LLOY is £44,828,300,800 GBP.

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