Lloyds Banking Group plc (LON:LLOY) Given Average Recommendation of "Hold" by Brokerages

Lloyds Banking Group plc (LON:LLOY - Get Free Report) has received a consensus rating of "Hold" from the nine ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 55.50 ($0.70).

LLOY has been the topic of a number of recent analyst reports. Shore Capital reiterated a "hold" rating on shares of Lloyds Banking Group in a research report on Wednesday, October 23rd. Royal Bank of Canada reissued a "sector perform" rating and issued a GBX 60 ($0.76) price objective on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Berenberg Bank reaffirmed a "hold" rating and set a GBX 55 ($0.70) target price on shares of Lloyds Banking Group in a report on Wednesday, August 21st. Finally, Citigroup reiterated a "neutral" rating on shares of Lloyds Banking Group in a research report on Thursday, October 24th.

Lloyds Banking Group Price Performance

LLOY stock traded up GBX 0.25 ($0.00) during mid-day trading on Wednesday, reaching GBX 55.57 ($0.71). 1,111,305,625 shares of the company's stock were exchanged, compared to its average volume of 161,785,188. The company has a market cap of £34.05 billion, a price-to-earnings ratio of 790.29, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23. The stock's 50 day moving average is GBX 57.72 and its 200 day moving average is GBX 57.05. Lloyds Banking Group has a 12-month low of GBX 41 ($0.52) and a 12-month high of GBX 63.47 ($0.81).

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.