Lloyds Banking Group plc (LON:LLOY) Given Consensus Rating of "Hold" by Brokerages

Lloyds Banking Group plc (LON:LLOY - Get Free Report) has been given an average recommendation of "Hold" by the eight research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 55.50 ($0.70).

A number of equities research analysts have issued reports on the stock. Berenberg Bank reissued a "hold" rating and set a GBX 55 ($0.69) target price on shares of Lloyds Banking Group in a research note on Wednesday, August 21st. Citigroup reiterated a "neutral" rating on shares of Lloyds Banking Group in a report on Thursday, October 24th. Shore Capital restated a "hold" rating on shares of Lloyds Banking Group in a report on Wednesday, October 23rd. Finally, Royal Bank of Canada restated a "sector perform" rating and set a GBX 60 ($0.76) price objective on shares of Lloyds Banking Group in a report on Thursday, October 24th.

Lloyds Banking Group Price Performance

LON LLOY traded up GBX 0.38 ($0.00) on Friday, hitting GBX 55.38 ($0.70). 118,032,508 shares of the stock were exchanged, compared to its average volume of 156,954,766. Lloyds Banking Group has a 52-week low of GBX 41 ($0.52) and a 52-week high of GBX 63.47 ($0.80). The company has a market capitalization of £33.93 billion, a price-to-earnings ratio of 791.14, a P/E/G ratio of 1.84 and a beta of 1.23. The company's 50-day moving average price is GBX 56.26 and its two-hundred day moving average price is GBX 56.93.

Lloyds Banking Group Company Profile

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.