Shares of Lloyds Banking Group plc (LON:LLOY - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 56.90 ($0.71) and traded as low as GBX 54.24 ($0.68). Lloyds Banking Group shares last traded at GBX 55.34 ($0.69), with a volume of 163,752,641 shares changing hands.
Analyst Upgrades and Downgrades
LLOY has been the subject of a number of recent analyst reports. Citigroup restated a "neutral" rating on shares of Lloyds Banking Group in a research report on Thursday, October 24th. Royal Bank of Canada reissued a "sector perform" rating and issued a GBX 60 ($0.75) price target on shares of Lloyds Banking Group in a report on Thursday, October 24th. Finally, Shore Capital reaffirmed a "hold" rating on shares of Lloyds Banking Group in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of GBX 55.50 ($0.69).
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Lloyds Banking Group Stock Performance
The company has a 50 day moving average of GBX 54.56 and a 200 day moving average of GBX 56.89. The stock has a market capitalization of £34.04 billion, a price-to-earnings ratio of 793.71, a PEG ratio of 1.84 and a beta of 1.23.
Insider Buying and Selling
In other Lloyds Banking Group news, insider William Chalmers purchased 128,804 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of GBX 54 ($0.68) per share, with a total value of £69,554.16 ($87,018.84). Insiders own 0.17% of the company's stock.
Lloyds Banking Group Company Profile
(
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Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.
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