RBC Downgrades Lloyds Banking to Sector Perform, Trims PT

08:41 AM EDT, 10/16/2026 (MT Newswires) -- RBC Capital Markets on Friday downgraded British lender Lloyds Banking Group (LLOY.L) to sector perform from outperform and reduced its price target to 1.15 pounds sterling from 1.24 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)