Lloyds Banking Group's (LLOY) Buy Rating Reiterated at Beaufort Securities

Marco Green
March 13, 2018

(NYSE:RCI) on Wednesday, April 5 to "Sector Perform" rating. The firm earned "Overweight" rating on Tuesday, November 10 by JP Morgan. The stock of Rogers Communications Inc. The company was maintained on Thursday, February 23 by Goldman Sachs. (NYSE:RCI) has "Outperform" rating given on Tuesday, October 20 by Macquarie Research.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 5.3%, and has a solid year to date (YTD) performance of 2.13% which means that the stock is constantly adding to its value from the previous fiscal year end price. Nomura maintained Lloyds Banking Group plc (LON:LLOY) on Monday, February 22 with "Buy" rating. See Rogers Communications Inc. Keybank National Association OH purchased a new position in shares of Lloyds Banking Group during the 3rd quarter valued at $123,000. Credit Suisse's target indicates a potential upside of 25.55 % from the company's previous close. This key information was revealed to clients and investors in a research note on Tuesday, 13 March. About 13.59M shares traded. The stock of Lloyds Banking Group plc (LON:LLOY) has "Outperform" rating given on Friday, February 19 by Davy Research. It has underperformed by 16.70% the S&P500. Jefferies maintained Lloyds Banking Group plc (LON:LLOY) on Monday, April 3 with "Buy" rating. The firm operates through four divisions: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, including current accounts, savings, and mortgages to wealth and small business customers; and distributes insurance products, and a range of long-term savings and investment products. Shore Capital reaffirmed a buy rating on shares of Lloyds Banking Group in a research report on Wednesday, October 25th. Therefore 66% are positive. Lloyds Banking Group plc dipped to as low as $3.81 throughout the day and has returned 2.13% in this year.

Lloyds Banking Group plc (NYSE:LYG) closed its last session at $3.83.

In other news, insider Antonio Horta-Osorio purchased 4,747 shares of the company's stock in a transaction dated Wednesday, December 13th. The rating was maintained by Berenberg on Wednesday, November 29 with "Sell". The stock of Lloyds Banking Group plc (LON:LLOY) earned "Overweight" rating by Barclays Capital on Thursday, October 29. AlphaValue has "Buy" rating and GBX 89 target. The stock has a market cap of $48,510.00 and a PE ratio of 1,682.25. Deutsche Bank maintained Lloyds Banking Group plc (LON:LLOY) on Friday, March 9 with "Buy" rating. The firm has "Hold" rating by Deutsche Bank given on Monday, September 5. At one point in the past year, the shares traded as low as $3.15 but has recovered 21.59% since then. The share price has already crossed its 20 days moving average, floating at a distance of 1.3% and sits -0.78% lower versus its 50 days moving average. Institutional investors own 2.40% of the company's stock. 27 funds opened positions while 69 raised stakes. That's greater from its daily average of 1.8 million contracts. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover Alliant Energy Corporation (NYSE:LNT) advice adding it to buy candidate list. Expectations from 16 analysts are extremely bullish with earnings per share estimated to rise from today's level of £0.044 to £0.075 over the next three years. 0 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. The financial services provider reported $0.13 EPS for the quarter. The Massachusetts-based Fernwood Investment Management Llc has invested 0.02% in the stock.

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