Lloyds Banking Group PLC (LON:LLOY) has been assigned an average rating of “Buy” from the twenty-one research firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, two have given a hold recommendation and fifteen have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 77.18 ($1.07).
Several analysts recently weighed in on LLOY shares. Credit Suisse Group restated an “outperform” rating and issued a GBX 80 ($1.11) price target on shares of Lloyds Banking Group in a research note on Monday, November 27th. Shore Capital restated a “buy” rating on shares of Lloyds Banking Group in a research note on Friday, December 8th. Investec restated a “buy” rating and issued a GBX 75 ($1.04) price target on shares of Lloyds Banking Group in a research note on Wednesday, November 29th. Deutsche Bank upped their price target on Lloyds Banking Group from GBX 77 ($1.06) to GBX 83 ($1.15) and gave the stock a “buy” rating in a research note on Friday, January 26th. Finally, HSBC restated a “buy” rating and issued a GBX 72 ($0.99) price target on shares of Lloyds Banking Group in a research note on Monday, January 29th.
Lloyds Banking Group (LON:LLOY) traded down GBX 0.21 ($0.00) during trading on Wednesday, hitting GBX 67.29 ($0.93). The company had a trading volume of 102,240,000 shares, compared to its average volume of 154,970,000. The stock has a market cap of $48,510.00 and a P/E ratio of 1,682.25. Lloyds Banking Group has a 52 week low of GBX 61.81 ($0.85) and a 52 week high of GBX 73.58 ($1.02).
In other news, insider Antonio Horta-Osorio purchased 4,747 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were purchased at an average cost of GBX 67 ($0.93) per share, for a total transaction of £3,180.49 ($4,394.16). Over the last 90 days, insiders bought 5,378 shares of company stock worth $360,732.
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Lloyds Banking Group 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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