Deutsche Bank AG reiterated their hold rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research note published on Thursday. They currently have a GBX 59 ($0.73) price target on the financial services provider’s stock.
Several other analysts also recently commented on the company. Jefferies Group reiterated a buy rating and set a GBX 67 ($0.83) target price on shares of Lloyds Banking Group PLC in a research note on Tuesday. Citigroup Inc. cut their target price on Lloyds Banking Group PLC from GBX 53 ($0.66) to GBX 48 ($0.59) and set a sell rating on the stock in a research note on Monday. Barclays PLC reiterated an equal weight rating and set a GBX 65 ($0.80) target price on shares of Lloyds Banking Group PLC in a research note on Thursday, October 6th. BNP Paribas reiterated an underperform rating and set a GBX 52 ($0.64) target price on shares of Lloyds Banking Group PLC in a research note on Tuesday, October 4th. Finally, Royal Bank Of Canada reiterated an outperform rating and set a GBX 70 ($0.87) target price on shares of Lloyds Banking Group PLC in a research note on Tuesday, October 4th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the stock. Lloyds Banking Group PLC presently has a consensus rating of Hold and a consensus target price of GBX 69.39 ($0.86).
Lloyds Banking Group PLC (LON:LLOY) traded up 0.42% during mid-day trading on Thursday, hitting GBX 52.75. The company had a trading volume of 82,119,879 shares. The firm’s 50 day moving average is GBX 56.49 and its 200 day moving average is GBX 60.97. The company’s market capitalization is GBX 30.60 billion. Lloyds Banking Group PLC has a 52 week low of GBX 47.10 and a 52 week high of GBX 78.02.
The firm also recently declared a dividend, which was paid on Wednesday, September 28th. Stockholders of record on Thursday, August 11th were given a dividend of GBX 0.85 ($0.01) per share. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend was Thursday, August 11th.
In other Lloyds Banking Group PLC news, insider Horta-Osorio,Antonio purchased 3,377 shares of Lloyds Banking Group PLC stock in a transaction dated Monday, July 18th. The shares were acquired at an average cost of GBX 56 ($0.69) per share, with a total value of £1,891.12 ($2,340.50).
Lloyds Banking Group PLC Company Profile
LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.
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