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04-Feb-2018<br />

JPMorgan Chase & Co. Reaffirms Overweight Rating for Lloyds Banking Group (LLOY)<br />

Ticker Report<br />

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JPMorgan Chase & Co. reiterated their overweight rating on shares of Lloyds Banking<br />

Group (LON:LLOY) in a research report report published on Thursday.<br />

LLOY has been the topic of a number of other research reports. Shore Capital restated a<br />

buy rating on shares of Lloyds Banking Group in a research note on Tuesday, November<br />

28th. Deutsche Bank lifted their target price on shares of Lloyds Banking Group from GBX<br />

77 ($1.08) to GBX 83 ($1.17) and gave the company a buy rating in a research note on<br />

Friday, January 26th. Societe Generale restated a buy rating on shares of Lloyds Banking<br />

Group in a research note on Monday, October 23rd. HSBC restated a buy rating and set a<br />

GBX 76 ($1.07) target price on shares of Lloyds Banking Group in a research note on<br />

Wednesday, November 29th. Finally, Credit Suisse Group upgraded shares of Lloyds<br />

Banking Group to an outperform rating and lifted their target price for the company from<br />

GBX 75 ($1.05) to GBX 80 ($1.12) in a research note on Tuesday, October 10th. Four<br />

research analysts have rated the stock with a sell rating, two have issued a hold rating and<br />

fifteen have given a buy rating to the company’s stock. Lloyds Banking Group currently has<br />

an average rating of Buy and an average price target of GBX 76.08 ($1.07). Lloyds Banking<br />

Group (LON:LLOY) opened at GBX 68.75 ($0.97) on Thursday. Lloyds Banking Group has<br />

a one year low of GBX 61.81 ($0.87) and a one year high of GBX 73.58 ($1.03). The firm<br />

has a market cap of $49,600.00 and a price-to-earnings ratio of 1,718.75.<br />

In other <strong>news</strong>, insider Antonio Horta-Osorio purchased 4,833 shares of the business’s stock<br />

in a transaction that occurred on Thursday, November 16th. The shares were bought at an<br />

average cost of GBX 66 ($0.93) per share, for a total transaction of £3,189.78 ($4,479.40).<br />

Insiders have purchased a total of 10,213 shares of company stock worth $679,622 over the<br />

last quarter.<br />

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legal version of this report can be viewed at https://www.tickerreport.com/bankingfinance/3175146/jpmorgan-chase-co-reaffirms-overweight-rating-for-lloyds-banking-grouplloy.html.<br />

About Lloyds Banking Group Lloyds Banking Group plc is a provider of financial services to<br />

individual and business customers in the United Kingdom. The Company’s main business<br />

activities are retail and commercial banking, general insurance, and long-term savings,<br />

protection and investment. The Company’s segments are Retail, Commercial Banking,<br />

Consumer Finance, Insurance and Other.

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