Lloyds Banking Group PLC (LLOY) Given Sell Rating at Goldman Sachs Group, Inc. (The)
Several other research firms also recently commented on LLOY. UBS AG set a GBX 85 ($1.10) price objective on shares of Lloyds Banking Group PLC and gave the company a buy rating in a report on Wednesday, June 28th. Berenberg Bank reaffirmed a sell rating and set a GBX 55 ($0.71) price objective on shares of Lloyds Banking Group PLC in a report on Friday, May 12th. Barclays PLC reaffirmed an overweight rating and set a GBX 77 ($0.99) price objective on shares of Lloyds Banking Group PLC in a report on Friday, May 19th. J P Morgan Chase & Co set a GBX 83 ($1.07) price objective on shares of Lloyds Banking Group PLC and gave the company a buy rating in a report on Thursday, June 1st. Finally, BNP Paribas reaffirmed an underperform rating and set a GBX 63 ($0.81) price objective on shares of Lloyds Banking Group PLC in a report on Wednesday, July 19th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the company. Lloyds Banking Group PLC currently has an average rating of Buy and an average target price of GBX 75.26 ($0.97).
Shares of Lloyds Banking Group PLC (LON LLOY) opened at 63.22 on Wednesday. The firm’s market cap is GBX 40.25 billion. The firm has a 50-day moving average of GBX 65.68 and a 200-day moving average of GBX 67.32. Lloyds Banking Group PLC has a 52 week low of GBX 50.84 and a 52 week high of GBX 73.58.
The firm also recently disclosed a dividend, which will be paid on Wednesday, September 27th. Investors of record on Thursday, August 10th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a yield of 1.45%.
In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio acquired 4,873 shares of Lloyds Banking Group PLC stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average cost of GBX 66 ($0.85) per share, for a total transaction of £3,216.18 ($4,153.66). Insiders purchased a total of 10,242 shares of company stock valued at $682,189 over the last quarter.
Lloyds Banking Group PLC Company Profile
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
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