Royal Bank Of Canada reaffirmed their outperform rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a report published on Tuesday. They currently have a GBX 70 ($0.91) price target on the financial services provider’s stock.
Several other brokerages also recently weighed in on LLOY. RBC Capital Markets set a GBX 70 ($0.91) target price on Lloyds Banking Group PLC and gave the stock a buy rating in a research report on Monday, August 15th. Citigroup Inc. set a GBX 50 ($0.65) target price on Lloyds Banking Group PLC and gave the stock a sell rating in a research report on Thursday, July 28th. BNP Paribas reaffirmed an underperform rating and issued a GBX 55 ($0.72) target price on shares of Lloyds Banking Group PLC in a research report on Monday, August 1st. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 63 ($0.82) target price (down previously from GBX 78 ($1.02)) on shares of Lloyds Banking Group PLC in a research report on Sunday, June 26th. Finally, Shore Capital reaffirmed a buy rating on shares of Lloyds Banking Group PLC in a research report on Thursday, July 28th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and sixteen have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of GBX 69.58 ($0.91).
Lloyds Banking Group PLC (LON:LLOY) opened at 54.41 on Tuesday. Lloyds Banking Group PLC has a 52-week low of GBX 47.10 and a 52-week high of GBX 78.02. The firm’s market cap is GBX 31.57 billion. The firm’s 50-day moving average price is GBX 56.78 and its 200 day moving average price is GBX 61.64.
The company also recently disclosed a dividend, which was paid on Wednesday, September 28th. Investors of record on Thursday, August 11th were issued a dividend of GBX 0.85 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a dividend yield of 1.62%.
In other news, insider Horta-Osorio,Antonio acquired 3,330 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was acquired at an average cost of GBX 57 ($0.74) per share, for a total transaction of £1,898.10 ($2,477.61).
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.
Receive News & Ratings for Lloyds Banking Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.