Lloyds Banking Group (LON:LLOY - Get Free Report)'s stock had its "neutral" rating restated by stock analysts at Citigroup in a note issued to investors on Thursday, MarketBeat.com reports.
LLOY has been the topic of several other research reports. Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 60 ($0.78) price target on shares of Lloyds Banking Group in a report on Thursday. JPMorgan Chase & Co. raised their target price on shares of Lloyds Banking Group from GBX 50 ($0.65) to GBX 54 ($0.70) and gave the company an "underweight" rating in a research note on Wednesday, July 3rd. Shore Capital reissued a "hold" rating on shares of Lloyds Banking Group in a research note on Wednesday. Finally, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 55 ($0.71) price objective on shares of Lloyds Banking Group in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Lloyds Banking Group has an average rating of "Hold" and a consensus price target of GBX 56.86 ($0.74).
Check Out Our Latest Analysis on Lloyds Banking Group
Lloyds Banking Group Price Performance
Shares of LLOY stock traded up GBX 0.28 ($0.00) during trading hours on Thursday, hitting GBX 61.90 ($0.80). 263,319,206 shares of the company's stock were exchanged, compared to its average volume of 159,060,813. Lloyds Banking Group has a 52 week low of GBX 39.54 ($0.51) and a 52 week high of GBX 63.47 ($0.82). The stock has a market cap of £37.93 billion, a price-to-earnings ratio of 887.43, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23. The stock's 50-day moving average is GBX 58.80 and its 200-day moving average is GBX 56.53.
About Lloyds Banking Group
(
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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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