BNP Paribas restated their underperform rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research report sent to investors on Thursday. BNP Paribas currently has a GBX 52 ($0.68) price objective on the financial services provider’s stock.
LLOY has been the topic of a number of other research reports. Goldman Sachs Group Inc. set a GBX 55 ($0.72) target price on shares of Lloyds Banking Group PLC and gave the stock a neutral rating in a report on Friday, July 8th. Morgan Stanley set a GBX 70 ($0.91) price target on shares of Lloyds Banking Group PLC and gave the stock a buy rating in a research note on Friday, July 29th. Barclays PLC reissued an equal weight rating and issued a GBX 65 ($0.85) price target on shares of Lloyds Banking Group PLC in a research note on Tuesday, July 12th. HSBC set a GBX 60 ($0.78) price target on shares of Lloyds Banking Group PLC and gave the stock a neutral rating in a research note on Wednesday, July 13th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 63 ($0.82) price target on shares of Lloyds Banking Group PLC in a research note on Tuesday, July 19th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 69.58 ($0.91).
Lloyds Banking Group PLC (LON:LLOY) opened at 54.98 on Thursday. Lloyds Banking Group PLC has a 52 week low of GBX 47.10 and a 52 week high of GBX 78.02. The company’s market cap is GBX 31.90 billion. The company’s 50-day moving average is GBX 56.80 and its 200-day moving average is GBX 62.16.
The business also recently disclosed a dividend, which will be paid on Wednesday, September 28th. Stockholders of record on Thursday, August 11th will be given a dividend of GBX 0.85 ($0.01) per share. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, August 11th.
In related news, insider Horta-Osorio,Antonio acquired 3,330 shares of Lloyds Banking Group PLC stock in a transaction dated Friday, September 16th. The shares were purchased at an average price of GBX 57 ($0.74) per share, for a total transaction of £1,898.10 ($2,477.61). Also, insider Henry,Simon acquired 100,000 shares of Lloyds Banking Group PLC stock in a transaction dated Thursday, June 30th. The shares were bought at an average price of GBX 54 ($0.70) per share, for a total transaction of £54,000 ($70,486.88).
About Lloyds Banking Group PLC
LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.
Receive News & Ratings for Lloyds Banking Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.