Lloyds Banking Group PLC (LON:LLOY) has been assigned a consensus recommendation of “Buy” from the twenty-three research firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and sixteen have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 75.66 ($0.98).
Several equities analysts recently commented on LLOY shares. J P Morgan Chase & Co set a GBX 83 ($1.07) target price on Lloyds Banking Group PLC and gave the company a “buy” rating in a research note on Thursday, June 1st. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating and issued a GBX 58 ($0.75) target price on shares of Lloyds Banking Group PLC in a research note on Thursday, August 24th. Societe Generale reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 90 ($1.16) target price on shares of Lloyds Banking Group PLC in a research note on Monday, September 4th. Finally, Deutsche Bank AG reissued a “buy” rating and set a GBX 79 ($1.02) price target on shares of Lloyds Banking Group PLC in a research report on Wednesday, July 5th.
Lloyds Banking Group PLC (LON LLOY) traded down 1.51% during trading on Tuesday, hitting GBX 65.40. The stock had a trading volume of 132,362,522 shares. The stock’s 50-day moving average is GBX 65.08 and its 200 day moving average is GBX 67.16. Lloyds Banking Group PLC has a one year low of GBX 50.84 and a one year high of GBX 73.58. The firm’s market cap is GBX 41.64 billion.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Thursday, August 10th will be paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.45%. The ex-dividend date of this dividend is Thursday, August 10th.
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In other news, insider Antonio Horta-Osorio acquired 4,784 shares of the business’s stock in a transaction on Tuesday, July 18th. The shares were purchased at an average price of GBX 67 ($0.87) per share, for a total transaction of £3,205.28 ($4,139.58). Insiders have acquired 10,266 shares of company stock worth $682,241 in the last 90 days.
About Lloyds Banking Group PLC
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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