Lloyds Banking Group PLC

Marco Green
August 13, 2017

Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the stock. Bank of Montreal Can raised its stake in Lloyds Banking Group PLC by 124.5% in the first quarter. News about a company's financial status, products, or plans, whether positive or negative, will typically result in a temporary increase in the trade volume of its stock. Analysts have placed a $2.87 price target on Lloyds Banking Group plc, suggesting a -18.23% decline from recent close. The Dimensional Fund Advisors Lp holds 9.07 million shares with $28.11M value, up from 7.99M last quarter. Boston Partners owned approximately 0.32% of Lloyds Banking Group PLC worth $181,389,000 at the end of the most recent quarter. The value of the investment in Lloyds Banking Group Plc Americ went from $483,000 to $671,000 a change of $188,000 since the last quarter. The average 12-month price target among analysts that have issued a report on the stock in the past year is $4.00. Signaturefd LLC bought a new stake in Lloyds Banking Group PLC during the first quarter worth $125,000. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and worldwide trademark & copyright law. UBS AG set a GBX 85 ($1.11) price objective on shares of Lloyds Banking Group PLC and gave the stock a "buy" rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada set a GBX 90 ($1.17) price objective on shares of Lloyds Banking Group PLC and gave the stock a "buy" rating in a report on Thursday, April 27th.

LLOY has been the subject of several other research reports. The legal version of this piece of content can be read at https://www.com-unik.info/2017/08/12/lloyds-banking-group-plc-lonlloy-given-sell-rating-at-berenberg-bank-updated.html. The Share Buyback is conditioned on Vantiv, Inc. publishing a firm offer to acquire Worldpay Group plc. Fisher Asset Management LLC increased its position in Lloyds Banking Group PLC by 12.8% in the second quarter. The rating was downgraded by Berenberg on Monday, March 27 to "Sell".

Shares of Lloyds Banking Group PLC (NYSE LYG) traded up 0.29% during midday trading on Friday, hitting $3.40.

It is trading at $3.53 which is just under the 50 day moving average which is $3.54 and just a bit higher than the 200 day moving average of $3.49. Lloyds Banking Group PLC has a 52-week low of GBX 50.84 and a 52-week high of GBX 73.58. The stock's market cap is GBX 41.16 billion. Hedge funds and other institutional investors own 2.05% of the company's stock. Finally, Eqis Capital Management Inc. increased its stake in Lloyds Banking Group PLC by 174.6% in the first quarter.

The business also recently declared a None dividend, which will be paid on Tuesday, October 10th. Investors of record on Friday, August 11th will be given a $0.052 dividend. The ex-dividend date of this dividend is Wednesday, August 9th.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $2.87 on the stock, this valuation is based on 1 number of opinions. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company provides its services under various brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows, and through a range of distribution channels, including the branch network and digital bank in the United Kingdom. The Company's divisions are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

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