Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “buy” rating restated by stock analysts at Societe Generale in a report issued on Monday.
Several other brokerages have also recently weighed in on LLOY. Shore Capital reissued a “buy” rating on shares of Lloyds Banking Group PLC in a research report on Thursday, July 27th. UBS AG set a GBX 85 ($1.12) price target on shares of Lloyds Banking Group PLC and gave the company a “buy” rating in a research report on Thursday, July 27th. Citigroup Inc. reissued a “sell” rating on shares of Lloyds Banking Group PLC in a research report on Friday, July 21st. Morgan Stanley set a GBX 80 ($1.06) price target on shares of Lloyds Banking Group PLC and gave the company a “buy” rating in a research report on Monday, October 2nd. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 77 ($1.02) price target on shares of Lloyds Banking Group PLC in a research report on Thursday, October 5th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seventeen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 75.21 ($0.99).
Shares of Lloyds Banking Group PLC (LLOY) opened at 66.44 on Monday. Lloyds Banking Group PLC has a 12-month low of GBX 53.25 and a 12-month high of GBX 73.58. The company’s market cap is GBX 42.30 billion. The stock has a 50 day moving average of GBX 66.00 and a 200 day moving average of GBX 66.91.
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In related news, insider George Culmer purchased 101,589 shares of the company’s stock in a transaction on Monday, September 18th. The shares were bought at an average cost of GBX 66 ($0.87) per share, for a total transaction of £67,048.74 ($88,478.15). Also, insider Antonio Horta-Osorio purchased 4,873 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average price of GBX 66 ($0.87) per share, for a total transaction of £3,216.18 ($4,244.10). Insiders acquired 111,908 shares of company stock worth $7,385,829 over the last quarter.
Lloyds Banking Group PLC Company Profile
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
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