RBC Reiterates Outperform Rating for Lloyds Banking Group

Royal Bank of Canada reiterated its 'outperform' rating for Lloyds Banking Group in a recent research report. The bank currently has a GBX 124 price target on the financial services provider's stock, indicating a potential upside of 12.32% from its previous close.

This is not the only positive assessment of Lloyds Banking Group, as several other equities analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft and Jefferies Financial Group have both maintained 'buy' ratings with price targets of GBX 125 and GBX 127 respectively.

However, not all analysts are optimistic about Lloyds Banking Group's prospects. Berenberg Bank has issued a 'hold' rating on the stock with a target price of GBX 117.