Lloyds Banking Group plc (LON:LLOY – Get Free Report) has been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 60.60 ($0.78).
A number of brokerages have recently weighed in on LLOY. Citigroup lifted their target price on shares of Lloyds Banking Group from GBX 61 ($0.79) to GBX 71 ($0.92) and gave the company a “buy” rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. increased their price objective on Lloyds Banking Group from GBX 55 ($0.71) to GBX 62 ($0.80) and gave the stock an “underweight” rating in a report on Tuesday, February 25th. Finally, Shore Capital reiterated a “hold” rating on shares of Lloyds Banking Group in a report on Thursday, February 20th.
Check Out Our Latest Stock Report on Lloyds Banking Group
Insider Activity
Lloyds Banking Group Stock Up 0.7 %
Shares of Lloyds Banking Group stock opened at GBX 70.04 ($0.91) on Monday. The firm has a market cap of £42.47 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23. Lloyds Banking Group has a 12-month low of GBX 48.80 ($0.63) and a 12-month high of GBX 74.46 ($0.96). The company’s fifty day simple moving average is GBX 63.40 and its two-hundred day simple moving average is GBX 58.96.
Lloyds Banking Group (LON:LLOY – Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported GBX 6.30 ($0.08) earnings per share (EPS) for the quarter. Lloyds Banking Group had a net margin of 16.66% and a return on equity of 11.22%. As a group, sell-side analysts expect that Lloyds Banking Group will post 7.3199528 earnings per share for the current fiscal year.
About Lloyds Banking Group
We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.
The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.
Read More
- Five stocks we like better than Lloyds Banking Group
- Following Congress Stock Trades
- How to Build the Ultimate Everything ETF Portfolio
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.