Economy

Lloyds Banking Group PLC (LLOY) Trading 2.2% Higher

Lloyds Banking Group PLC (LLOY) Trading 2.2% Higher”

Analysts reported that the Price Target for Lloyds Banking Group plc might touch $4.74 high while the Average Price Target and Low price Target is $3.89 and $2.88 respectively. Finally, Keefe, Bruyette & Woods downgraded Lloyds Banking Group PLC from a "market perform" rating to an "underperform" rating in a report on Wednesday, May 31st. The company presently has an average rating of Hold and an average price target of GBX 67.65 ($0.84). (The) reissued a "sell" rating on shares of Lloyds Banking Group PLC in a report on Wednesday.

10/27/2016 - Lloyds Banking Group Plc had its "buy" rating reiterated by analysts at Beaufort Securities. J P Morgan Chase & Co set a GBX 83 ($1.07) target price on Lloyds Banking Group PLC and gave the company a buy rating in a research report on Thursday, August 10th. The firm earned "Sell" rating on Monday, September 26 by Goldman Sachs. Schafer Cullen Capital Management Inc. bought a new position in shares of Lloyds Banking Group PLC during the 1st quarter valued at $101,000. BidaskClub downgraded Lloyds Banking Group PLC from a "sell" rating to a "strong sell" rating in a report on Wednesday, August 2nd.

In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio purchased 4,784 shares of Lloyds Banking Group PLC stock in a transaction dated Tuesday, July 18th.

Lloyds Banking Group Plc was upgraded to "buy" by analysts at Deutsche Bank.

Lloyds Banking Group Plc has a 50 day moving average of 3.43 and a 200 day moving average of 3.50.

"Following the successful transformation of the Group to become a simple, low risk, United Kingdom focused retail and commercial bank, we have delivered another strong set of results with increased underlying and statutory profit and strong capital generation, whilst completing the acquisition of MBNA and returning to full private ownership", CEO Antonio Horta-Osorio said of Lloyds' recent progress. Private Advisor Group LLC increased its stake in shares of Lloyds Banking Group PLC by 199.6% in the 1st quarter. Institutional investors own 2.12% of the company's stock.

Among 3 analysts covering Moog (NYSE:MOG.A), 0 have Buy rating, 0 Sell and 3 Hold. The stock had previously closed at GBX 64.98 ($0.84). If you are viewing this story on another domain, it was stolen and reposted in violation of U.S. and worldwide trademark & copyright legislation. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/09/13/lloyds-banking-group-plc-lyg-receives-average-recommendation-of-hold-from-analysts.html. The stock has a market capitalization of $52.37 billion, a PE ratio of 30.46 and a beta of 0.76. This represents a yield of 2.98%. Lloyds Banking Group PLC's dividend payout ratio (DPR) is now 100.00%.

Lloyds Banking Group Plc now has $61.69B valuation. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.



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