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.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER