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Lloyds Banking (LLOY) Gets a Buy from Deutsche Bank

Tipranks - Tipranks - Sat Jan 24, 11:12AM CST

In a report released today, from Deutsche Bank reiterated a Buy rating on Lloyds Banking, with a price target of p110.00.

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In addition to Deutsche Bank , Lloyds Banking also received a Buy from Kepler Capital ‘s Nicolas Payen in a report issued on January 20. However, today, TipRanks – Anthropic reiterated a Hold rating on Lloyds Banking (LSE: LLOY).

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Based on Lloyds Banking’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p13.89 billion and a net profit of p1.39 billion. In comparison, last year the company earned a revenue of p14.2 billion and had a net profit of p1.21 billion

Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LLOY in relation to earlier this year.

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