Sector movers: Lloyds and RBS lead banks higher after broker comments

Banking stocks were among the best performers on Monday afternoon with all the big UK lenders making gains.Lloyds was a high riser on the FTSE 100 after UBS raised its target price for the shares from 44p to 46p, saying that the bank's third-quarter results showed "solid progress and improving momentum." The broker maintained a 'neutral' stance.Core business profit in the third quarter was £1.7bn, the highest reported level for nearly two years, UBS said, "with the group enjoying both margin expansion and a faster decline in impairments than previously expected." Meanwhile, Royal Bank of Scotland was being boosted after Credit Suisse also raised its target price from 190p to 220p. Nevertheless, the broker retained its 'underperform' rating on the stock, saying that it still expects "below-industry-average profitability".HSBC, Barclays and Standard Chartered were also wanted today.Top performing sectors so far todayPersonal Goods 19,664.33 +2.25%Banks 4,143.83 +1.11%Industrial Transportation 2,377.25 +1.08%Real Estate Investment & Services 1,821.13 +1.04%Fixed Line Telecommunications 2,657.19 +0.88%Bottom performing sectors so far todayAerospace and Defence 3,761.49 -1.61%Industrial Metals & Mining 2,454.17 -1.13%Software & Computer Services 864.16 -1.00%Construction & Materials 3,163.12 -0.79%Mining 18,309.69 -0.42%