Economy

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.



Like this

Latest


15 September 2017
New Ford Focus RS Edition - Hot hatchback price, specs, redesign REVEALED
Power still comes from the same 2.3-litre EcoBoost engine found in the regular Focus RS. Ford's Performance All Wheel Drive system is another new feature for the RS Edition.

15 September 2017
Chibok girls to begin school after meeting parents
According to the minister the girls will start at a special course at the American University in Yola, Adamawa state. They were handed over to their parents at a party in the capital Abuja .

15 September 2017
Ryan says tax reform outline reflects consensus of lawmakers, administration
Brady's timeline was too plodding for his liking. "You can get it to 20, but everybody's going to come in and complain". But the tax bill's writers need the budget and its revenue targets so they can lay out all the specific details.

15 September 2017
Earnings Clues on Weyerhaeuser Co. (WY), Exxon Mobil Corporation (XOM) Analyst's Predictions
Moreover, Pine River Mgmt Limited Partnership has 0.24% invested in Exxon Mobil Corporation (NYSE: XOM ) for 61,402 shares. AAPL's distance from 20 day simple moving average is -0.72% and distance from 50-Day simple moving average is 2.95%.

15 September 2017
Financial Watchlist of Hertz Global Holdings, Inc (NYSE:HTZ)
The stock has actually made sharp losses in the past year, as the company has gathered a -55.23% return in the past twelve months. It has underperformed by 16.70% the S&P500.The move comes after 7 months negative chart setup for the $2.00 billion company.

15 September 2017
Dera chief Gurmeet Ram Rahim a sex addict, say doctors
Two secret tunnels and an illegal factory to make explosives were unearthed on the premises of the Dera headquarters at Sirsa. A luxury vehicle , computers, hard disks and plastic currency has already been seized from the Dera over the first two days.

15 September 2017
Ombudsman junks Aquino's appeal in Mamasapano case
He said he needed Purisima to explain to him the technical details of Oplan Exodus that was presented by Napeñas. The Ombudsman's decision to charge Aquino was contained in a resolution issued last July 14.

15 September 2017
Spectrum Capital Trust I (NYSE:GWB) Institutional Investor Sentiment Trend
Institutional investors have recently modified their holdings of the company. 30,441 were reported by Nordea Investment Mngmt Ab. Saba Capital Management L.P. holds 0.31% of its portfolio in MFS Intermediate High Income Fund for 1.19 million shares.

14 September 2017
How much is the most affordable Apple iPhone?
The iPhone 8 is undeniably at the back here, but only for features - quality should be on par with its two bigger brothers. You can also purchase a pre-owned iPhone at a discount on sites such as Gazelle, Swappa and Decluttr.

14 September 2017
Out of the Way, We Now Have Robot Conducting Orchestra
The world's first truly collaborative dual-arm robot, made its conducting debut in front of almost 1000 guests. Although the robot performed well Tuesday evening, using a robot conductor has some drawbacks.



Recommended