Lloyds Banking Group (LON:LLOY - Get Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported GBX 6.30 ($0.08) EPS for the quarter, reports. Lloyds Banking Group had a net margin of 16.66% and a return on equity of 11.22%.
Lloyds Banking Group Trading Up 1.1 %
Shares of LON:LLOY traded up GBX 0.70 ($0.01) during trading on Friday, reaching GBX 66.60 ($0.84). The company had a trading volume of 272,024,438 shares, compared to its average volume of 158,055,828. The company has a fifty day moving average of GBX 58.40 and a two-hundred day moving average of GBX 57.51. The stock has a market capitalization of £40.38 billion, a P/E ratio of 8.42, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23. Lloyds Banking Group has a 12 month low of GBX 42.37 ($0.54) and a 12 month high of GBX 67.60 ($0.85).
Analyst Upgrades and Downgrades
Several research firms have issued reports on LLOY. Shore Capital reiterated a "hold" rating on shares of Lloyds Banking Group in a research note on Thursday. Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 60 ($0.76) target price on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Finally, Citigroup reiterated a "neutral" rating on shares of Lloyds Banking Group in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat.com, Lloyds Banking Group has an average rating of "Hold" and an average price target of GBX 56 ($0.71).
Read Our Latest Report on Lloyds Banking Group
Insider Transactions at Lloyds Banking Group
In related news, insider William Chalmers purchased 128,804 shares of the firm's stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of GBX 54 ($0.68) per share, with a total value of £69,554.16 ($87,876.39). Insiders own 0.17% of the company's stock.
Lloyds Banking Group Company Profile
(
Get Free Report)
We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.
The Group's main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.
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