Lloyds Banking Group plc (LON:LLOY - Get Free Report) has been given an average recommendation of "Hold" by the eight brokerages that are covering the stock, Marketbeat.com reports. One equities 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 company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 55.50 ($0.68).
Several analysts have weighed in on LLOY shares. Citigroup reaffirmed a "neutral" rating on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Royal Bank of Canada restated a "sector perform" rating and set a GBX 60 ($0.74) price objective on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Finally, Shore Capital reiterated a "hold" rating on shares of Lloyds Banking Group in a research report on Wednesday, October 23rd.
Check Out Our Latest Report on Lloyds Banking Group
Lloyds Banking Group Stock Performance
Shares of LLOY traded up GBX 0.01 ($0.00) during mid-day trading on Thursday, reaching GBX 53.87 ($0.66). 101,445,758 shares of the company's stock traded hands, compared to its average volume of 133,491,016. The business's 50-day moving average price is GBX 54.30 and its 200-day moving average price is GBX 56.87. The stock has a market capitalization of £33.00 billion, a P/E ratio of 769.53, 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 41 ($0.50) and a 12 month high of GBX 63.47 ($0.78).
Insider Activity
In other news, insider William Chalmers acquired 128,804 shares of Lloyds Banking Group stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of GBX 54 ($0.66) per share, with a total value of £69,554.16 ($85,584.05). 0.17% of the stock is owned by corporate insiders.
About Lloyds Banking Group
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Get Free ReportLloyds 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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